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California  + Bay Area  + Finance  | 

JLL Arranges Acquisition Loan for Tahoe-Area Hotel

 JLL Capital Markets arranged $22.5 million acquisition financing for The Hampton Inn & Suites in Truckee. The team of Jordan Angel, Mike Huth and Ethan Habecker worked on behalf of the borrower, JMA Ventures, LLC, to secure the acquisition loan from MetLife Investment Management, represented by Mike Pace, Mike Coen and Dan McKenzie.

“This acquisition continues to grow JMA Ventures’ footprint in the Tahoe market and offers guests the opportunity to enjoy beautiful accommodations in a market with very limited supply,” said Angel.

The property features 109 guestrooms and suites across two buildings, a heated outdoor pool and jacuzzi, fitness center and over 1,000 square feet of meeting space. The High Sierras California mountain town of Truckee is popular for visitors driving from the San Francisco Bay Area and is the gateway to Lake Tahoe.

The Hampton Inn & Suites, Tahoe-Truckee is situated by popular tourist attractions and prime destinations in the area, such as Northstar and Palisades Tahoe ski resorts, Martis Camp, Old Town and a host of outdoor activities.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Financing