S3 Hotel Group Secures $38.6M Refinance For 208-Key Hotel In Lake Forest

The asset involved in this transaction is a dual-branded hotel comprising 208 keys, located at 23021 Lake Center Drive in the Lake Forest market. The loan amount arranged for this refinancing is $38,600,000, secured under a five-year fixed-rate term.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $38,600,000
• Loan Type: Refinance
• Loan Terms: five-year, fixed-rate
• Landlord: S3 Hotel Group
• Broker: Olga Walsh - JLL
• Market: Lake Forest
• Asset Keys: 208

JLL Capital Markets facilitated the refinance for S3 Hotel Group, sourcing the loan through a private wealth-management division of a global financial-services firm. The asset’s location, along with its strong fundamentals, attracted competitive lender interest, enabling JLL to secure favorable pricing within non-recourse channels.