Partners Group And Trinity Investments Secure $210M Refinance For Ritz-Carlton Hotel In Irving

The Ritz-Carlton hotel, located at 4150 North Macarthur Boulevard in Irving, Texas, features 427 keys and occupies 17 acres. This property recently underwent a $55 million renovation and rebranding from Four Seasons in January. The hotel boasts extensive amenities, including 80,000 square feet of meeting space and access to an 18-hole golf course.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $210,000,000
• Lender: Marathon Asset Management
• Landlord: David Layton - Partners Group
• Landlord: Sean Hehir - Trinity Investments
• Broker: Caleigh O’Connell - JLL
• Broker: Kevin Davis - JLL
• Broker: De’On Collins - JLL
• Loan Type: Refinance

Partners Group and Trinity Investments secured the refinancing deal, which involved a significant loan amount facilitated by Marathon Asset Management. The transaction brought together notable individuals from the investing and brokerage sectors, highlighting the collaborative efforts in securing financing for this prestigious property.