3H Group secures financing for renovation of Renaissance Dallas North Hotel

DALLAS, March 27, 2026 – JLL’s Hotels & Hospitality Group announced today it has arranged financing from Western Alliance Bank for the Renaissance Dallas North Hotel, a 337-room full-service property strategically positioned in Las Colinas, Dallas' premier corporate destination.

JLL worked on behalf of the borrower, 3H Group, Inc and Dallas Lodging Associates, LLC to secure a floating-rate, five-year loan through Western Alliance Bank, a leading commercial bank with deep experience financing hospitality and commercial real estate assets nationwide.

The Renaissance Dallas North Hotel sits on approximately 7.51 acres at 1590 Lyndon B Johnson Freeway in the heart of Las Colinas, home to seven global headquarters and offices of more than 50 Fortune 500 companies. The 12-story property features 337 guestrooms including 25 suites, with an impressive 22,670 square feet of meeting and event space anchored by a 5,620-square-foot ballroom. The hotel offers three food and beverage outlets: Blend Coffee Bar serving a full Starbucks menu, Dover's Grille featuring organic breakfasts and American comfort food and Hunter's Bar and Grille providing after-work cocktails and dinner service.

The property benefits from exceptional proximity to nearly $6 billion in new and planned multifamily and retail developments, contributing to approximately 26 percent population growth within a three-mile radius. Located just south of Interstate 635, which handles more than 175,000 vehicles daily, the hotel provides direct access to Dallas' Urban Center, the Galleria Mall and sits centrally between DFW International Airport and Dallas Love Field.

3H Group/Dallas Lodging Associates acquired the hotel in July 2025 and plans to invest into a comprehensive renovation program targeting guestrooms, food and beverage outlets and meeting spaces. The transformation is designed to recapture the property's strong pre-pandemic performance and rebuild its group travel segment.

The JLL Hotels & Hospitality team representing the borrower was led by Managing Directors Jillian Mariutti and Adrienne Andrews, along with Analyst Pierce Rutledge.

"Las Colinas has established itself as Dallas' premier corporate destination with robust population growth and continued economic development momentum creating exceptional tailwinds for hospitality assets in this corridor," said Mariutti. "With 3H Group's proven track record across an extensive portfolio of hotels and Sun Companies' distinguished full-service management expertise, this partnership brings the ideal combination of capital and operational excellence to unlock the property's significant value-creation potential."

“This financing reflects our confidence in the Las Colinas market, the long-term fundamentals of the asset and 3H Group’s proven operating approach,” said Barry Lieberman, Head of Hotel Franchise Finance, Western Alliance Bank. “We value partnering with experienced owners and advisors like 3H Group and JLL to support high-quality hospitality projects that strengthen dynamic business corridors such as Las Colinas.”

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.

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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 113,000 as of December 31, 2025. 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.

Headquartered in Chattanooga, Tennessee, 3H Group has become a prominent and respected name in the hospitality industry since the company’s inception in 2000. With the addition of co-working, residential, and retail endeavors, 3H Group continues to expand beyond its horizon. Consistently internationally ranked as a top hospitality management and development company, 3H Group creates exceptional experiences for guests and business partners. The 3H Group commitment to core values of honesty, hard work and hospitality enables the company to build and enrich communities. For more information, visit 3H.Group.

Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies and has ranked as a top U.S. bank by American Banker and Bank Director since 2016. Its primary subsidiary, Western Alliance Bank, is a leading national bank for business that puts customers first, delivering tailored business banking solutions and consumer products backed by outstanding, personalized service and specific expertise in more than 30 industries and sectors. With $90 billion in assets and offices nationwide, Western Alliance excels at helping businesses of all sizes capitalize on their opportunities to solve today and succeed tomorrow. For more information on our offerings, subsidiaries and affiliates, visit Western Alliance Bank, Member FDIC, or follow us on LinkedIn.