JLL Arranges Three-Year Refinancing for 150-Key AC Hotel Vancouver Waterfront Developed by Vesta Hospitality
💰 JLL's Hotels & Hospitality Group refinanced the AC Hotel Vancouver Waterfront, a 150-key hotel in Vancouver, Washington, opened in June 2022. Vesta Hospitality, founded in 1996, secured a three-year loan with two one-year extensions. The Marriott-branded hotel spans seven stories and features 11,720 sq ft of meeting space. It's part of Terminal 1's redevelopment, enhancing Vancouver's waterfront. The project benefits from proximity to Interstate 5, downtown Portland, and Portland International Airport, drawing substantial public and private investments.
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