
JLL Places $210M Floating SASB On Grand Hyatt Indian Wells
Citi provided a five-year loan on 531 accommodations after a $62M renovation and conversion to the Grand Hyatt flag.
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Citi provided a five-year loan on 531 accommodations after a $62M renovation and conversion to the Grand Hyatt flag.

Connect CRE reports board approval; the city’s earlier proposal specified $31.5M in temporary relief and at least 185 affordable homes.

Reported November 2026 groundbreaking would advance a previously announced campus plan; Fab 2 mass production is targeted for 2030.

Trepp's August data show a 7.69% private-label delinquency rate versus 0.80% at Freddie Mac.

Nine buildings and a vacant parcel at Woodland Business Park; Capital One provided financing.

Hotels, self-storage and a PepsiCo expansion are projected; the repayment source was not reported.
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Apartment starts peaked in 2022 and fell sharply afterward. Lower supply helps only if owners can finance the wait for local rent recovery.
Read issueOmid Shahbazian · Oct 14, 2026

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