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Hollywood Park’s Kali Hotel Secures $195M Financing
CommLoan has structured $195 million in financing with Bank of America for the Kali Hotel at E. Stanley Kroenke’s Hollywood Park in Inglewood. The luxury property is the only hotel permitted within the 300-acre mixed-use development surrounding SoFi Stadium and represents one of the largest hospitality loans arranged through CommLoan’s platform.
The transaction, led by Robert Shaar, VP of sales at CommLoan, is among the largest and most complex financings completed through the company’s CUPID platform. The project carries an estimated $450-million valuation.
“Hollywood Park will stand among Los Angeles’ most iconic destinations,” said Kali Chaudhuri, chairman and founder of KPC Development Co. and the KPC Group. “This hotel represents our commitment to creating enduring landmarks that celebrate design, culture and community. CommLoan’s expertise and creativity were instrumental in making this vision possible.”
Part of Marriott’s Autograph Collection, the 300-key hotel will feature rooftop dining, spa and wellness facilities and 20,000 square feet of meeting space. Construction topped out in September, with completion expected in fall 2026.
- ◦Financing
