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$581 million refinancing secured by HFF for 16-property national hotel portfolio and golf course/tennis club| Reuters

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Mon Jun 3, 2013 4:05pm EDT * Reuters is not responsible for the content in this press
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  $581 million refinancing secured by HFF for 16-property national hotel portfolio and golf course/tennis club| Reuters Mon Jun 3, 2013 4:05pm EDT* Reuters is not responsible for the content in this press release.DALLAS, TX, June 3, 2013 - HFF announcedtoday that it has secured a $581 millionrefinancing for a 16-property, 4,798-room hotelportfolio and golf course/tennis club located inmajor markets throughout the United States.Working exclusively on behalf of affiliates of TheBlackstone Group, L.P., HFF placed the three- year, floating-rate loan with GE Capital RealEstate. The loan has two one-year extensionoptions. Â The portfolio is comprised of 12 full-service hotels, four boutique hotels and one golf course/tennisclub. The hotels are: Sheraton San Francisco Fisherman's Wharf in San Francisco, CA; HiltonIrvine-Orange County Airport, and Marriott Irvine in Irvine, CA; DoubleTree Austin in Austin, TX;DoubleTree Suites Indianapolis-Carmel in Carmel, IN; Hilton Clearwater Beach Resort inClearwater, FL; South Seas Island Resort in Captiva Island, FL; The Inns of Sanibel (four boutiquehotels) and The Dunes Golf and Tennis Club in Sanibel Island, FL; DoubleTree Orlando-Universal inOrlando, FL; Hilton Cocoa Beach Oceanfront in Cocoa Beach, FL; Hilton Key Largo Beach Resort inKey Largo, FL; The Ritz-Carlton Pentagon City in Arlington, VA; and the Marriott Princeton-Forrestalin Princeton, NJ. Â The HFF team representing the borrower was led by senior managing directors Trey Morsbach andDan Peek and managing director John Bourret. Â  According to HFF, this was an exceptional opportunity to finance a first-class, institutional sponsor  with premium-branded assets in strong, major markets. Â Blackstone (NYSE: BX) is one of the world's leading investment and advisory firms. The firm seeksto create positive economic impact and long-term value for our investors, the companies it invests in,the companies it advises and the broader global economy. The firm does this through thecommitment of extraordinary people and flexible capital. Its alternative asset managementbusinesses include the management of private equity funds, real estate funds, hedge fund solutions,credit-focused funds and closed-end funds. Blackstone also provides various financial advisoryservices, including financial and strategic advisory, restructuring and reorganization advisory andfund placement services. Further information is available at www.Blackstone.com. Follow onTwitter @Blackstone. Â GE Capital Real Estate is a leading commercial real estate company, with global assets of $43 billionand debt and equity activities in North America, Europe and Asia-Pacific. It has 9,000 propertiesowned or financed worldwide covering more than 130 million square feet. As a unit of GeneralElectric Company (NYSE: GE), it can offer access to the strength, industry knowledge and globalreach of one of the world's leading companies. Learn more at GE Capital Real Estate.comHFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc.(NYSE: HF). HFF operates out of 21 offices nationwide and is a leading provider of commercialreal estate and capital markets services to the U.S. commercial real estate industry. HFF togetherwith its affiliate HFFS offer clients a fully integrated national capital markets platform includingdebt placement, investment sales, equity placement, advisory services, loan sales and commercialloan servicing. For more information please visit www.hfflp.com or follow HFF on Twitter atwww.twitter.com/hff.  CONTACTS:TREY MORSBACHHFF Senior Managing Director(214) 265-0880tmorsbach@hfflp.com JOHN BOURRETHFF Managing Director  (214) 265-0880 jbourret@hfflp.comKRISTEN MURPHY HFF Associate Director, Marketing(617) 338-0990krmurphy@hfflp.comThis announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.The owner of this announcement warrants that:(i) the releases contained herein are protected by copyright and other applicable laws; and(ii) they are solely responsible for the content, accuracy and srcinality of theinformation contained therein.Source: HFF, Inc. via Thomson Reuters ONEHUG#1706817http://www.reuters.com/article/2013/06/03/idUSnHUGd7cp+70+ONE20130603
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