CHICAGO, Illinois—JLL Capital Markets announced that it has secured the refinancing for a dual-brand hotel portfolio in Chicago’s River North district. The collection comprises the 270-key Residence Inn River North and the 253-key SpringHill Suites River North, both Marriott-affiliated properties totaling 523 keys. JLL worked on behalf of the borrower, a joint venture between Friedman Properties and White Lodging, to secure a fixed-rate, five-year loan through PGIM Real Estate’s core lending business. The properties occupy a […]

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