Mirae Asset Global Investments Refinances Fairmont Orchid Hotel In Kamuela With $136M Loan

The asset involved in this transaction is the Fairmont Orchid hotel located at 1 North Kaniku Drive in Kamuela, HI. The hotel features 540 keys and has undergone a refinance with a loan amount of $136 million. The property is categorized as a hotel asset.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $136,000,000
• Lender: New York Life Real Estate Investors
• Landlord: Mirae Asset Global Investments
• Brokers: Kevin Davis, Mike Huth, Maddie Blount & Jade Lewin - JLL
• Loan Type: Refinance
• Loan Date: 05/30/2025

The transaction was facilitated by a team of brokers from JLL, comprising Kevin Davis, Mike Huth, Maddie Blount, and Jade Lewin, who represented the interests of Mirae Asset Global Investments in securing the refinancing deal with New York Life Real Estate Investors.