Sep
07
Boutique Oceanfront Hotel Receives Refi
ByWith 2,000 attendees and an outstanding speaker lineup, you can’t afford to miss RealShare APARTMENTS in Los Angeles on October 21-22.
HFF arranged a 15-year fixed-rate loan for $21M for TheINN AT LAGUNA BEACH
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LAGUNA BEACH, CA—Holliday Fenoglio Fowler, L.P.has secured a $21 million refinancing for TheINN AT LAGUNA BEACH, a 70-room, luxury,BOUTIQUE HOTEL located along the Pacific Ocean.
HFF tells GlobeSt that it worked on behalf of the borrower,Grossman Company Properties, to secure the 15-year, fixed-rate loan with AXA Equitable Life Insurance Company through its advisor, Quadrant Real Estate Advisors LLC.
The HFF debt placement team representing the borrower was led by senior managing director Timothy Wright and managing director Scott Hall…
