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JLL Secures Acquisition Financing for Hyatt Regency Savannah Sale
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JLL Capital Markets secured acquisition financing for the Hyatt Regency Savannah, a 351-key full-service hotel situated on the Savannah River in the heart of the city’s nationally designated Historic District. JLL worked on behalf of the borrower, a joint venture between affiliates of Certares Real Estate Management and Clearview Hotel Capital, to secure a floating-rate loan through Real Estate at Goldman Sachs Alternatives. 

Ashford Hospitality Trust sold the Hyatt Regency Savannah for $158 million.

The 351-key hotel features 31 suites, 40,564 square feet of meeting and event space across eight venues — more than any other hotel in the Historic District — including the 11,000-square-foot Harborside Ballroom with capacity for 1,300 guests. The property also offers a full-service restaurant and bar, indoor pool, fitness center and 300 on-site covered parking spaces.

The JLL Hotels & Hospitality team was led by Kevin Davis, Andrew Dickey, Mark Fisher and Pierce Rutledge.

The post JLL Secures Acquisition Financing for Hyatt Regency Savannah Sale appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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