JLL arranges $30.8M refinancing for Seattle extended-stay hotel

• JLL’s Hotels & Hospitality Group secured a five-year, $30.8 million refinancing for the 172-key Hyatt House Seattle/Downtown on behalf of Kauri Investments

• The extended-stay hotel sits directly across from the Space Needle and adjacent to Climate Pledge Arena in Seattle's South Lake Union submarket, one of only six upscale extended-stay properties in downtown Seattle

• The financing provides long-term flexibility for ownership following a recent property renovation and continued strong operating performance

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Kauri Investments, Ltd. was established in 1987 as a real estate investment and development company. Our early objective was to provide quality affordable housing in the central neighborhoods of Seattle. Accomplishing that goal, we have rehabilitated and constructed more than 1,850 multifamily homes.

Due to Kauri’s success, our capabilities have expanded to include property management, fee development, and real estate consulting. We have also diversified to include hotel/hospitality, mixed-use residential and commercial properties.