Copley Square Hotel Update 12/01/23

$53M in Financing Secured for The Copley Square Hotel

JLLs Hotels & Hospitality group has announced that it arranged refinancing for The Copley Square Hotel, a FOUND Hotel, the 164-key boutique hotel with over two stories of F&B retail space in Boston, Massachusetts.

JLL worked on behalf of the borrower, Hawkins Way Capital, LLC.

The Copley Square Hotel, a FOUND Hotel, is a seven-story boutique hotel managed by FCL Management. Following its recent renovation in April 2022, this historic building seamlessly blends modern sophistication with timeless charm. The select service hotel features 164 expertly designed guest rooms and studios, a state-of-the-art fitness center, communal kitchen, on-site laundry services, valet parking and restaurant/bar areas.

Located on Huntington Ave. and Exeter St., the hotel is ideally situated within Boston’s Back Bay submarket. The property is proximate to the city’s most popular tourism and business demand generators, including the Hynes Convention Center, world-famous Fenway Park, Newbury Street, Prudential Center, Boston Common and Public Garden.

The JLL team was led by Executive Vice President Mike Huth, Senior Director Amy Lousararian, Senior Associate Maddie Blount and Managing Director Brandon Smith.

JLL’s Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totalling $83 billion worldwide. The group’s 370-strong global team in over 20 countries also closed more than 7,350 advisory, valuation and asset management assignments. Our hotel valuation, brokerage, asset management and consultancy services have helped more hotel investors, owners and operators achieve high returns on their assets than any other real estate advisor in the world.

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