SAN DIEGO, Dec. 1, 2025 –  JLL Capital Markets announced today it has arranged a $38.6 million refinancing for S3 Hotel Group's dual-branded, 208-key Homewood Suites by Hilton and Hampton Inn Irvine Spectrum Lake Forest.

JLL worked on behalf of the borrower, S3 Hotel Group, to secure a five-year, fixed-rate loan through a private wealth management division of a global financial services firm.

Located at 23021 Lake Center Dr. in Lake Forest, California, the hotel features 116 Homewood Suites rooms and 92 Hampton Inn rooms. The Homewood Suites offers extended-stay accommodations with full kitchens, dishwashers and cooking utensils, while Hampton Inn rooms provide traditional hotel amenities with modern furnishings.

Property amenities include 2,000 square feet of meeting space, a 24-hour fitness center, outdoor pool with barbecue facilities, guest laundry, complimentary hot breakfast buffet, evening bar service and a 24-hour convenience shop. The Homewood Suites section features additional amenities including complimentary evening social events Monday through Thursday.

The hotel occupies a strategic location in Orange County at the confluence of Lake Forest and Irvine, providing access to major demand generators throughout Southern California. The property sits within driving distance of Disneyland, Angel Stadium, the Honda Center, Knott's Berry Farm and premier shopping destinations including the Irvine Spectrum Center, South Coast Plaza and Fashion Island. Additionally, the surrounding area encompasses more than 47 million square feet of office space within highly concentrated clusters in Lake Forest, Irvine Spectrum, Irvine, Aliso Viejo, Mission Viejo and Laguna Niguel.

The JLL Capital Markets Debt Advisory team was led by Director Olga Walsh.

“This dual-branded hotel embodies the kind of top-tier, newly delivered product that’s drawing lender attention in today’s market,” said Walsh. “By pairing the asset’s standout fundamentals with the opportunity for a broader sponsor relationship, JLL drove competitive engagement from private wealth lenders, ultimately achieving pricing 125 – 150 basis points inside what’s typically available through standard non-recourse channels.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. 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^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

S3 Hotel Group is an Orange County, CA based hotel company. We own, manage, and develop high quality, select service hotels. We have the discipline and organizational skills of a large company, yet the speed, nimbleness and entrepreneurial spirit of a small company. We have close to 300 team members, who are the backbone of our company. Our vision is to continue to grow organically, brick by brick, and simultaneously provide a “home away from home” for our team members where they can continue to grow in every sense of the word. Hotel brands that we own and manage or that are under development or construction include: Hilton Garden Inn, Hampton Inn & Suites, Homewood Suites, and Holiday Inn Express.