Candler Resort in Atlanta Refinanced by JLL – Picture Credit score Hilton
JLL’s Accommodations & Hospitality Group has efficiently organized refinancing for The Candler Resort, a 265-room boutique lodge situated in downtown Atlanta. The refinancing was facilitated by means of the Peachtree Group. The lodge is a part of Hilton’s Curio Assortment. It’s located in a 17-story Beaux-Arts constructing at 127 Peachtree St. NE. Initially constructed in 1904, the constructing was developed by Asa Griggs Candler, a former Atlanta mayor and Coca-Cola magnate. It’s listed on the Nationwide Register of Historic Locations and served as the unique headquarters for Central Financial institution and Belief.
Thornhill Firms accomplished the transformation of the historic workplace constructing right into a lodge in 2019. The renovation preserved key architectural options, together with a marble foyer with Tiffany rose home windows, a grand staircase, mosaic flooring, and a terracotta exterior. The lodge’s location offers entry to key Atlanta sights and enterprise facilities, together with 17.3 million sq. ft of Class A workplace house, the Georgia World Congress Middle, and Hartsfield-Jackson Atlanta Worldwide Airport.
The Candler Resort has been acknowledged for its design and hospitality, incomes a Michelin Information One Key and being named among the many Prime 20 Curio Assortment by Hilton lodges globally. It has additionally been featured in Condé Nast Traveler’s Readers’ Selection Awards and has obtained awards for its restaurant, By George.
The JLL staff concerned within the refinancing included Americas CEO Kevin Davis, Managing Director Mark Fisher, Director Connor Medzigian, and Analyst Pierce Rutledge. The refinancing displays lender confidence within the lodge’s market positioning and Atlanta’s standing as a conference vacation spot. The Candler Resort’s location close to main demand mills and restricted new provide within the upper-upscale phase contributes to its progress potential.
