{"id":1004305529,"date":"2019-03-05T23:08:44","date_gmt":"2019-03-06T07:08:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004305529"},"modified":"2021-05-10T02:07:48","modified_gmt":"2021-05-10T10:07:48","slug":"metro-dc-hotel-receives-26m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/metro-dc-hotel-receives-26m-refi\/","title":{"rendered":"Metro DC Hotel Receives $26M Refi"},"content":{"rendered":"
\"\"<\/a>

Hyatt Regency Fairfax<\/p><\/div>\n

H.I.G. Realty Partners has provided a $26.2 million refinancing for the 316-key Hyatt Regency in Fairfax, Va. HFF has arranged the three-year, floating-rate loan, which includes two one-year extensions, on behalf of the borrower, a partnership between The Carlyle Group and Songy Highroads.<\/p>\n

Located at 12777 Fair Lakes Circle, the hotel is part of the 650-acre Fair Lakes mixed-use master-planned community, which includes 2 million square feet of retail space, 1.3 million square feet of office space and more than 2,000 residential units. The property offers easy access to Interstate 66, Fairfax County Parkway and is 23 miles from downtown Washington, D.C. The hotel features 12,000 square feet of meeting space, an indoor pool, a fitness center, a business center and three food and beverage venues.<\/p>\n

Opened in 1988 under the Hyatt flag, the 14-story building underwent several renovations, with the most recent being at the beginning of 2015, when the current owners purchased the asset.<\/p>\n

HFF Senior Director Chris Hew and Director Drake Greer worked on behalf of the borrower. Hew was also part of the team that recently secured acquisition financing for Embassy Suites by Hilton Baltimore<\/a> at BWI Airport, a 251-key asset in Linthicum Heights, Md.<\/p>\n

Image courtesy of HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

HFF arranged the loan for the 316-key Hyatt Regency Fairfax, which is part of the 650-acre Fair Lakes master-planned community.<\/p>\n","protected":false},"author":748,"featured_media":1004305535,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21751,11,21742,1615],"tags":[34559,32792,35394,36109],"class_list":["post-1004305529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-hotel","category-midatlantic","category-latest","category-washington-dc","tag-h-i-g-realty-partners","tag-hff","tag-songy-highroads","tag-the-carlyle-group"],"acf":[],"yoast_head":"\nMetro DC Hotel Receives $26M Refi - 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\/metro-dc-hotel-receives-26m-refi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Metro DC Hotel Receives $26M Refi\" \/>\n<meta property=\"og:description\" content=\"HFF arranged the loan for the 316-key Hyatt Regency Fairfax, which is part of the 650-acre Fair Lakes master-planned community.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/metro-dc-hotel-receives-26m-refi\/\" \/>\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=\"2019-03-06T07:08:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:07:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/Hyatt-Regency-e1551787682920.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"810\" \/>\n\t<meta property=\"og:image:height\" content=\"607\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\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\/metro-dc-hotel-receives-26m-refi\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/metro-dc-hotel-receives-26m-refi\/\",\"name\":\"Metro DC Hotel Receives $26M Refi - 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