JLL’s Hotels & Hospitality group arranged the $210 million refinancing for The Ritz-Carlton Dallas, Las Colinas, a recently renovated 427-key resort located within the Dallas-Fort Worth metroplex.
JLL worked on behalf of the borrower, a joint venture between Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, and funds managed by Trinity Investments, to secure a new loan through Marathon Asset Management.
Previously known as the Four Seasons Resort and Club Dallas at Las Colinas, the hotel was acquired in May 2022. The hotel was extensively renovated starting in May 2023 and was rebranded as The Ritz-Carlton Dallas, Las Colinas last January.
The 16.7-acre hotel now has fully-renovated rooms and common areas, more than 80,000 square feet of meeting space and best-in-class amenities. The amenities include five upscale food and beverage venues, a newly renovated resort-style pool, The Ritz-Carlton Spa & Lounge, access to an 18-hole golf course with driving range, a fitness center with indoor/outdoor tennis, a lap pool and squash/racquetball courts.
The hotel is situated just 15 minutes from DFW Airport, 20 minutes from downtown Dallas and 35 minutes from Fort Worth.
The JLL Hotels & Hospitality team was led by Americas CEO Kevin Davis, Managing Directors Mark Fisher and De’On Collins and Analyst Caleigh O’Connell.
“The Ritz-Carlton Las Colinas is now positioned as one of the top three hotels in the Dallas metroplex,” Davis said in a statement. “Its extensive renovation, coupled with its strategic location and robust amenities, positions the resort to capitalize on both business and leisure demand. This refinancing not only reflected the property's enhanced value but also represented a unique opportunity to support a world-class asset during its growth phase.”