Stout Street Hospitality secures refinancing for Magnolia Hotel Denver
United States, June 5 -- JLL 's Hotels & Hospitality Group announced it has arranged the refinancing for the Magnolia Hotel Denver, a Tribute Portfolio Hotel by Marriott, a 297-key full-service boutique hotel located in the heart of downtown Denver's Central Business District.JLL worked on behalf of the borrower, Stout Street Hospitality, to secure a loan through PPM America, Inc.Originally constructed in 1910 as the home of First National Bank, this iconic landmark combines historic architecture with modern sophistication and features 297 thoughtfully designed guestrooms and suites with lofty 12-foot ceilings and expansive windows. The property offers more than 13,450 square feet of flexible meeting and event space across 12 distinct venue...
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