Hospitality N Illinois

HFF announces $270M refinancing for JW Marriott Chicago

  

HFF announced a $270 million refinancing for JW Marriott Chicago, a 610-room luxury hotel in Chicago, Illinois.

The HFF team worked on behalf of the borrower to place the five-year, fixed-rate loan with Natixis as the lender. HFF will service the securitized loan, proceeds of which were used to refinance a maturing loan.

The HFF debt placement team representing the borrower included senior managing director Michael Kavanau, managing director Danny Kaufman, senior director Jeff Bucaro and associate Nicole Aguiar.