February 17, 2016
Holliday Fenoglio Fowler, L.P. (HFF) has secured a $33-million refinancing loan for Hampton Inn San Diego/Mission Valley, a 184-room, LEED-certified, select-service hotel in San Diego’s Mission Valley West neighborhood.
The borrower was T2 Hospitality, a major Newport Beach-based developer and operator of hospitality-related assets. The newly-renovated Hampton Inn San Diego/Mission Valley is located at 2151 Hotel Circle South in Mission Valley, a shopping and entertainment center in northern San Diego.
HFF’s James Fowler led the debt placement team that secured a 10-year, fixed-rate loan through Goldman Sachs Mortgage Company. Loan proceeds were used to refinance existing debt.