JLL has completed a $37 million refinancing deal for the Hilton Sedona Resort at Bell Rock, a high-end hotel located in Sedona, Arizona. The financing was arranged on behalf of the property’s owner, an affiliate of Juniper Capital Partners.
Details of the Financing Arrangement
The refinancing package was provided by Värde Partners, a global alternative investment firm. According to JLL, the new loan will be used to refinance existing debt on the property. The Hilton Sedona Resort at Bell Rock features 221 rooms and offers amenities such as a full-service spa, an 18-hole championship golf course, and multiple dining options.
Property Overview
Situated at 90 Ridge Trail Drive, the Hilton Sedona Resort at Bell Rock is positioned near the iconic red rock formations of Sedona. The resort caters to both leisure and business travelers, offering over 20,000 square feet of indoor and outdoor event space. The property is also located close to several hiking and biking trails, as well as various outdoor recreational activities.
Statements from Involved Parties
Kevin Davis, CEO of JLL Hotels & Hospitality’s Americas division, stated, “The Hilton Sedona Resort at Bell Rock is a premier asset in a highly desirable destination. We are pleased to have worked with Juniper Capital Partners and Värde Partners to secure this refinancing.”
Representatives from Juniper Capital Partners and Värde Partners did not provide additional comments regarding the transaction.
Additional Information
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