S3 Hotel Group Secures $38.6M Refinance For 208-Key Hotel In Lake Forest
California
See Similar DealsS3 Hotel Group Secures $38.6M Refinance For 208-Key Hotel In Lake Forest
23021 Lake Center Drive
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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.
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