JLL arranges refinancing for 150-key AC Hotel Vancouver Waterfront
Vesta Hospitality's three-year loan carries two one-year extension options; Connect CRE does not name the lender, amount or rate structure.
At a glance
JLL's Hotels & Hospitality Group arranged refinancing for the AC Hotel Vancouver Waterfront, a 150-key, seven-story hotel at 333 W. Columbia Way in Vancouver, Washington, per Connect CRE.
JLL worked on behalf of the borrower, Vesta Hospitality, to secure a three-year loan with two one-year extension options, though Connect CRE does not name the lender, the loan amount or the rate structure.
If both extension options are exercised, the term stretches to about five years: the loan rolls the refinancing rather than repricing it.
JLL's Hotels & Hospitality Group arranged refinancing for the AC Hotel Vancouver Waterfront, a 150-key, seven-story hotel at 333 W. Columbia Way in Vancouver, Washington, per Connect CRE.
JLL worked on behalf of the borrower, Vesta Hospitality, to secure a three-year loan with two one-year extension options, though Connect CRE does not name the lender, the loan amount or the rate structure.
If both extension options are exercised, the term stretches to about five years: the loan rolls the refinancing rather than repricing it. The hotel opened in June 2022.
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