DALLAS, TX, October 8, 2013 - HFF announced today that it has arranged $400 million in financing for six Omni Hotels totaling 2,575 guest rooms located in California, Indiana, Pennsylvania and Texas.
HFF worked on behalf of the borrower, Omni Hotels Corporation, to secure the fixed-rate loan through Prudential Mortgage Capital Company, which was represented by Paul Geyer.
Individual property details are listed below:
|Omni Barton Creek Resort & Spa||8212 Barton Club, Austin, TX||318 Rooms|
|Omni Rancho Las Palmas||41000 Bob Hope Drive, Rancho Mirage, CA||444 Rooms|
|Omni Hotel Houston||13210 Katy Fwy, Houston, TX||400 Rooms|
|Omni Austin Hotel Downtown||700 San Jacinto @ 8th St, Austin, TX||392 Rooms|
|Omni William Penn Hotel||530 William Penn, Pittsburgh, PA||597 Rooms|
|Omni Severin Hotel||40 West Jackson, Indianapolis, IN||424 Rooms|
The HFF team representing the borrower was led by senior managing director Whitaker Johnson, managing director John Bourret and associate director Jim Curtin.
Omni Hotels Corporation is a subsidiary of TRT Holdings, a privately-owned, diversified holding company located in Dallas, Texas. Assets include Omni Hotels & Resorts, Gold`s Gym International, Tana Exploration and numerous investments in public companies and various real estate ventures.
HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (HF). HFF operates out of 21 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit www.hfflp.com or follow HFF on Twitter at www.twitter.com/hff.
HFF Senior Managing Director
HFF Managing Director
HFF Associate Director
HFF Associate Director, Marketing
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Source: HFF, Inc. via Thomson Reuters ONE