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JLL Locks in Refi For Dallas-Area Ritz-Carlton
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.
Previously known as the Four Seasons Resort and Club Dallas at Las Colinas, the sponsor acquired the Hotel in May 2022. The Hotel was extensively renovated starting in May 2023 and was rebranded as The Ritz-Carlton Dallas, Las Colinas in January 2024.
Located at 4150 N. MacArthur Blvd. in Irving, the 16.7-acre Hotel now features fully renovated rooms and common areas, over 80,000 square feet of meeting space and best-in-class amenities. These include five upscale food and beverage venues, a newly renovated resort-style pool, The Ritz-Carlton Spa & Lounge, access to an 18-hole golf course with driving range, a fitness center with indoor/outdoor tennis, a lap pool and squash/racquetball courts.
Kevin Davis, Mark Fisher, De’On Collins, and Caleigh O’Connell led the JLL Hotels & Hospitality team.
- ◦Financing