{"id":1004052488,"date":"2012-06-29T21:38:17","date_gmt":"2012-06-30T05:38:17","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=54587"},"modified":"2022-12-08T07:04:46","modified_gmt":"2022-12-08T15:04:46","slug":"hff-arranges-85m-refi-for-the-houstonian-hotel-club-spa","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-arranges-85m-refi-for-the-houstonian-hotel-club-spa\/","title":{"rendered":"HFF Arranges $85M Refi for The Houstonian Hotel, Club &amp; Spa"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Georgiana Mihaila, Associate Editor<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/Houstonian-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-54589\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/Houstonian-1.jpg\" alt=\"\" width=\"300\" height=\"191\" \/><\/a><\/em><\/p>\n<p style=\"text-align: justify\">Holliday Fenoglio Fowler L.P. arranged an $85 million refinancing for Houston\u2019s premier luxury hotel and fitness facility, The Houstonian Hotel, Club &amp; Spa. Working on behalf of owner The Redstone Cos.\u2014a privately owned company with a focus on hospitality, real estate and private equity\u2014HFF secured the fixed-rate loan with AXA Equitable Life Insurance Co. providing the capital through its advisor, Quadrant Real Estate Advisors.<\/p>\n<p style=\"text-align: justify\">The HFF team representing the borrower was led by managing director Matt Kafka and real estate analyst Corby Chaffin.<\/p>\n<p style=\"text-align: justify\">The Houstonian Hotel, Club &amp; Spa, which spreads across 18.3 acres in the Galleria area, boasts 284 fully equipped, premier guest rooms. The resort, ranked 25th on the list of the World\u2019s Best Business Hotels and 11th among top resorts by <em>Travel+Leisure<\/em> magazine in 2010, includes an award-winning health club and day spa, as well as 26 meeting spaces.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/Houstonian.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-54590 alignleft\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/Houstonian.jpg\" alt=\"\" width=\"300\" height=\"177\" \/><\/a>Hotel amenities include 24-hour room service, valet parking, a bar, a caf\u00e9 and two full-service restaurants, access to the private Houstonian Club and preferred access to Redstone Golf Club, home of the Shell Houston Open PGA TOUR event.<\/p>\n<p style=\"text-align: justify\">Redstone\u2014whose brands include The Houstonian Hotel, Club &amp; Spa; Trellis, The Spa; Houstonian Lite-Pennzoil; Shadow Hawk Golf Club; The Houstonian Golf &amp; Country Club; Redstone Golf Club; and BlackHorse Golf Club\u2014bought The Houstonian out of bankruptcy in 1992 and has invested capital and resources to reposition the property to its current state. Capital improvements included a reconfiguration of the hotel lobby, restaurant and bar; renovation of all guest rooms, suites and meeting spaces; reconstruction and renovation of public areas in the health club; and development of a 17,000-square-foot branded spa and resort pool complex. The Houstonian was last renovated in 2003.<\/p>\n<p style=\"text-align: justify\"><em>Images Courtesy of TripAdvisor<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Holliday Fenoglio Fowler L.P. arranged an $85 million refinancing for Houston&rsquo;s premier luxury hotel and fitness facility, The Houstonian Hotel, Club &amp; Spa. Working on behalf of owner The Redstone Cos.&mdash;a privately owned company with a focus on hospitality, real estate and private equity&mdash;HFF secured the fixed-rate loan with AXA Equitable Life Insurance Co. providing the capital through its advisor, Quadrant Real Estate Advisors.<\/p>\n","protected":false},"author":1071,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21742],"tags":[39438,1815],"class_list":["post-1004052488","post","type-post","status-publish","format-standard","hentry","category-houston","category-latest","tag-houston","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HFF Arranges $85M Refi for The Houstonian Hotel, Club &amp; Spa - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-85m-refi-for-the-houstonian-hotel-club-spa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Arranges $85M Refi for The Houstonian Hotel, Club &amp; Spa\" \/>\n<meta property=\"og:description\" content=\"Holliday Fenoglio Fowler L.P. arranged an $85 million refinancing for Houston&rsquo;s premier luxury hotel and fitness facility, The Houstonian Hotel, Club &amp; Spa. Working on behalf of owner The Redstone Cos.&mdash;a privately owned company with a focus on hospitality, real estate and private equity&mdash;HFF secured the fixed-rate loan with AXA Equitable Life Insurance Co. providing the capital through its advisor, Quadrant Real Estate Advisors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-85m-refi-for-the-houstonian-hotel-club-spa\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-06-30T05:38:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T15:04:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/Houstonian-1.jpg\" \/>\n<meta name=\"author\" content=\"Georgiana Mihaila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-85m-refi-for-the-houstonian-hotel-club-spa\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-85m-refi-for-the-houstonian-hotel-club-spa\/\",\"name\":\"HFF Arranges $85M Refi for The Houstonian Hotel, Club &amp; 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