JMA Ventures Acquires The Hampton Inn & Suites In Truckee For $22.5M

The Hampton Inn & Suites in Truckee, California, has secured a $22.5 million acquisition loan arranged by JLL Capital Markets on behalf of borrower JMA Ventures, LLC. The loan was provided by MetLife Investment Management. The hotel property, located on 11951 California Highway 267, features 109 guestrooms and offers convenient access to major transportation routes and popular tourist attractions. It boasts amenities such as an outdoor pool, fitness center, and meeting space.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $22,500,000
• Address: 11951 California Highway 267, Truckee, California
• Market: Truckee
• Keys: 109

The acquisition loan was arranged by JLL Capital Markets, with Ethan Habecker, Jordan Angel, and Mike Huth representing JLL. The lender, MetLife Investment Management, was represented by Mike Pace, Mike Coen, and Dan McKenzie. Todd Chapman, representing JMA Ventures, LLC, acted as the landlord. The Hampton Inn & Suites is strategically located in the High Sierras mountain town, offering a desirable destination for tourists visiting the area.