HFF has secured $140 million in financing for San Diego's Omni hotel, reports the Pittsburgh Business Times.
HFF worked on behalf of the borrower, a joint venture between TRT Holdings and JMI Realty, to arrange a 15-year, fixed-rate loan through AIG Investments.
Proceeds from the financing will be used to refinance debt on the 21-story, 511-room Omni San Diego Hotel. The hotel was built in 2004 and renovated last year.
The Gaslamp Quarter hotel is connected to Petco Park, home of the san Diego Padres.