United States, Oct. 7 -- ?JLL's Hotels & Hospitality Group announced today that it arranged $30.8 million in refinancing for the Hyatt House Seattle/Downtown, a 172-key, extended-stay hotel located at 201 Fifth Ave. N in Seattle.JLL worked on behalf of the borrower, Kauri Investments, to secure a five-year, floating-rate loan. JLL Derivatives also arranged and negotiated a novel interest-rate hedge associated with the transaction that resulted in a reduced fixed rate to achieve a desired debt service coverage target.Developed by Kauri Investments and opened in 2015, the Hyatt House Seattle/Downtown recently completed a substantial renovation that refreshed guestrooms and common areas. The hotel features studio, den and one-bedroom suites wi...