JLL’s Hotels & Hospitality group announced that it has arranged $575M in financing for the Diplomat Beach Resort, a beachfront resort with 1,000 guest rooms in Hollywood, Florida. JLL worked on behalf of the borrower to secure the five-year, floating-rate loan through mortgage lenders. The interest-only loan also included mezzanine financing provide by Ohana Real Estate Investors and Canadian Pension Plan Investment Board.
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