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News release


Demand and RevPAR Growth Drive Dallas’ Lodging Market

JLL closes sale and secures debt for Hyatt Regency DFW International Airport Hotel

DALLAS, Sept. 8, 2014 – Capitalizing on the region’s tremendous population and economic growth, Dallas hotel assets are in high demand among both travelers and investors. JLL’s Hotels & Hospitality group today announced the sale of the 811-room Hyatt Regency DFW International Airport Hotel on behalf of Hunt Realty Investments and Hyatt Corporation to a private equity fund managed by AllianceBernstein’s U.S. Real Estate Equity Team and Fulcrum Hospitality. JLL also secured acquisition financing, provided by JP Morgan.

Managing Director Robert Webster and Executive Vice President Tim Southard led the JLL team on the transaction while Executive Vice President Bill Grice led the financing efforts.

“The Hyatt Regency DFW International Airport Hotel is an institutional quality asset that benefits from its location on the grounds of one of the busiest airports in the world,” said Webster. “We anticipate the asset to achieve strong returns due to its affiliation with the Hyatt brand and the dynamic Dallas lodging market, which has experienced double digit RevPAR growth both in 2013 and year-to-date through July of 2014.”

“Lenders are actively competing for the opportunity to finance great assets with excellent sponsorship, and investors are taking advantage of this dynamic by achieving highly favorable loan structures combined with historically low interest rates,” added Grice.

The hotel is located adjacent to Terminal C within DFW International Airport and features 92,000 square feet of meeting space, four food and beverage outlets, a 24-hour fitness center and an infinity pool.

JLL’s Hotels & Hospitality Group serves as the hospitality industry’s global leader in real estate services for luxury, upscale, select service and budget hotels; timeshare and fractional ownership properties; convention centers; mixed-use developments and other hospitality properties. The firm’s 300 dedicated hotel and hospitality experts partner with investors and owner/operators around the globe to support and shape investment strategies that deliver maximum value throughout the entire lifecycle of an asset. In the last five years, the team completed more transactions than any other hotels and hospitality real estate advisor in the world totaling nearly US $36 billion, while also completing approximately 4,000 advisory, valuation and asset management assignments. The group’s hotels and hospitality specialists provide independent and expert advice to clients, backed by industry-leading research.

For more news, videos and research from JLL’s Hotels & Hospitality Group, please visit: or download the Hotels & Hospitality Group’s iPhone app or iPad app from the App Store.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit​