Pebblebrook Nabs Refi for Margaritaville Resort in Hollywood ...Middle East

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The Margaritaville resort in Hollywood, inspired by the late musician Jimmy Buffett, who died this month, scored a $140 million refinancing. Wells Fargo, as administrative agent for itself and other co-lenders, provided the financing to Pebblebrook Hotel Trust, according to records. The 18-story resort consists of a 369-key resort, more than 30,000 square feet of indoor and outdoor event space, an 11,000-square-foot spa, 22 cabanas, several pools and eight restaurants. It was completed in 2015 on 6.2 acres at 1111 North Ocean Boulevard. Bethesda, Maryland-based Pebblebrook bought the resort buildings in 2021 for $270 million. It marked the biggest hotel deal of that year. Pebblebrook fi

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Last updated : 09 September 2023 clock 01:01 AM

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Pebblebrook Nabs Refi for Margaritaville Resort in Hollywood ...Middle East

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