JLL's Hotels & Hospitality group arranges $575M financing for The Diplomat Beach Resort

The Diplomat is an award-winning, 1,000-key beachfront resort in Hollywood, Florida JLL was also involved in the 2023 sale of the resort to Trinity and funds advised by UBS Asset Management, which represented the third largest single-asset hotel sale ever in the U.S. at the time. The South Florida lodging industry saw a tremendous recovery post-Covid making it one of the best-performing hotel markets in the country, benefitting significantly from an increase in leisure travel, recovery of group demand and t ...