JLL Arranges Sale and Financing of JW Marriott Marco Island Beach Resort
MIAMI, Florida—JLL‘s Hotels & Hospitality group announced that it has arranged the $835 million sale and $690 million financing for the JW Marriott Marco Island Beach Resort, an 809-room beachfront property in Southwest Florida. JLL represented the seller, Barings, in the transaction. A joint venture between Sculptor Real Estate and Trinity Investments acquired the asset. JLL also worked on behalf of the borrowers to secure a five-year, floating-rate loan through Wells Fargo and JPMorgan Chase & […]
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