JLL secures $210M financing for Grand Hyatt Indian Wells Resort & Villas in California

• JLL Capital Markets, Hospitality Finance Group arranges $210 million refinancing for Grand Hyatt Indian Wells Resort & Villas on behalf of Trinity Investments

• The floating-rate loan through Citi supports the 531-key AAA Four Diamond resort following a transformative $62 million renovation and conversion to Grand Hyatt in 2024

• The comprehensive capital repositioning modernized all guest-facing areas and created a resort experience designed to drive demand across all seasons through expanded recreational programming and elevated service platforms

LOS ANGELES, Oct. 14, 2026 – JLL Capital Markets, Hospitality Finance Group announced today that it has arranged $210 million in refinancing for the Grand Hyatt Indian Wells Resort & Villas, a 531-key luxury resort situated on 45 acres at 44600 Indian Wells Lane in Indian Wells, California.

JLL worked on behalf of Trinity Investments to secure the five-year, floating-rate SASB CMBS loan through Citi.

Situated on a 45-acre campus in the heart of the Coachella Valley, Grand Hyatt Indian Wells Resort & Villas recently completed a transformative $62 million renovation and conversion to the Grand Hyatt flag. The AAA Four Diamond resort features 531 accommodations, including 449 guestrooms, 39 suites and 43 villas. The property also offers more than 88,000 square feet of indoor and outdoor meeting and event space, making it one of the region's premier destinations for corporate meetings, conventions, weddings and social events.

The resort's amenity offering includes nine pools, a destination water park with waterslides and a lazy river, a 30,000-square-foot Agua Serena Spa & Wellness center, six food-and-beverage venues, tennis and pickleball courts, a fitness center and preferred access to the adjacent Indian Wells Golf Resort. The villa collection provides private outdoor living areas and dedicated guest services, further differentiating the property within the luxury resort segment.

Grand Hyatt Indian Wells benefits from a strategic location near the Indian Wells Tennis Garden, Empire Polo Club, El Paseo shopping district, PGA West and numerous luxury residential communities throughout the Coachella Valley. The property is approximately 30 minutes from Palm Springs International Airport and benefits from convenient access to major drive-to markets including Los Angeles, San Diego and Phoenix. The surrounding market is supported by a combination of luxury leisure travel, corporate retreats, championship golf, professional tennis, major music festivals, entertainment venues and affluent seasonal residents.

The JLL Hotels & Hospitality Group team was led by Managing Director Mike Huth (CA DRE# 01993911) and Analyst Jade Lewin (CA DRE# 02283109) with strategic oversight from Kevin Davis, CEO Americas Hotels & Hospitality Group.

"The hospitality financing market has shown meaningful momentum this year, with lenders focusing capital on repositioned assets with institutional sponsorship in markets where supply constraints support sustained performance," said Kevin Davis. "Full-service and resort properties that have undergone significant capital investment in irreplaceable locations continue to attract strong interest from debt providers."

"The combination of a recently transformed flagship resort, institutional sponsorship and one of the country's most established leisure destinations made this a compelling financing opportunity," Huth said, "Grand Hyatt Indian Wells benefits from diversified demand drivers throughout the year and an array of amenities and meeting infrastructure that is difficult to replicate in today's development environment."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

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.

Trinity is a global hospitality investment platform with a 30-year track record of acquiring, repositioning, and operating high-quality lodging assets in world-class markets. The firm is headquartered in Miami with offices in Los Angeles, London, and Honolulu, and has deployed more than $10 billion across the United States, Mexico, Europe, and Japan. Trinity’s strategy leverages deep sector expertise, long-standing brand and operating relationships, and a disciplined, hands-on approach to value creation. For more information, please visit www.trinityinvestments.com. For updates on Trinity’s investment activity, follow Trinity on LinkedIn at www.linkedin.com/company/trinityinvestments/.

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi