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JLL Arranges Refinancing For the Fairmont Orchid
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JLL Arranges Refinancing For the Fairmont Orchid
NEW YORK CITY, New York—JLL’s Hotels & Hospitality Group announced that it has arranged a $136 million refinancing for the Fairmont Orchid, a 540-key luxury resort located on Hawaii’s Big Island. JLL worked on behalf of the borrower, Mirae Asset Global Investments Co., Ltd., to secure a five-year, fixed-rate loan through New York Life Real Estate Investors (NYLREI). “We are pleased to have closed the financing of the Fairmont Orchid, a premier l…
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