Partners Group, Trinity Investments JV Locks in $210M Refi For 427-key Dallas-Area Ritz-Carlton from Marathon Asset Management

10/1/2024

|

Connect CRE

• Subcategory: Capital Markets: Debt, Hospitality: Hotel

• Tag: Closing | Operations | Strategy

• Additional Filters-Subcategory: Capital Markets: Debt-Refinance

• Company: Jones Lang LaSalle (NYSE: JLL), Partners Group, Trinity Investments

JLL’s Hotels & Hospitality arranged the $210 million refinancing for The Ritz-Carlton Dallas, Las Colinas, a recently renovated 427-key resort located within the Dallas-Fort Worth metroplex. JLL worked for the borrower/sponsor, a joint venture between Partners Group and funds managed by Trinity Investments, to secure a new loan through Marathon Asset Management.