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 tirelessly to secure the loan from MetLife Investment Management. According to Angel, this strategic acquisition will further expand JMA Ventures’ presence in the Tahoe market while providing guests with exceptional accommodations in an area with limited supply.
The property boasts 109 well-appointed guestrooms and suites spread across two buildings along with a range of amenities such as a heated outdoor pool and jacuzzi, fitness center and over 1,000 square feet of meeting space. Located amidst the breathtaking High Sierras mountain range in California’s Truckee region – which serves as a popular destination for visitors driving from San Francisco Bay Area – this hotel is also conveniently situated near top tourist attractions like Northstar and Palisades Tahoe ski resorts as well as Martis Camp and Old Town.
With its prime location offering easy access to various outdoor activities coupled with its proximity to major destinations within the area make it an ideal choice for travelers seeking comfortable accommodation options during their stay at Lake Tahoe without having to mention “Connect” or “Connect CRE” or “Connect LA” or “Connect Texas”.
