JLL Capital Markets has successfully secured $22.5 million in acquisition financing for The Hampton Inn & Suites located in Truckee, California. The borrower, JMA Ventures LLC, was represented by a team of experts including Jordan Angel, Mike Huth and Ethan Habecker who worked diligently to secure the loan from MetLife Investment Management. According to Angel, this acquisition is a strategic move that will expand JMA Ventures’ presence in the Tahoe market while providing guests with exceptional accommodations.
The property boasts 109 well-appointed guestrooms and suites spread across two buildings along with desirable amenities such as a heated outdoor pool and jacuzzi, fitness center and over 1,000 square feet of meeting space. Located in Truckee – a charming town nestled amidst the High Sierras mountain range – this hotel is an ideal destination for visitors driving from San Francisco Bay Area or those looking to explore Lake Tahoe.
Strategically situated near popular tourist attractions like Northstar and Palisades Tahoe ski resorts as well as Martis Camp and Old Town among others; The Hampton Inn & Suites offers easy access to all that this picturesque region has to offer without compromising on comfort or convenience.
