COLUMBUS, OH—HFF secured a $9 million refinancing for The Westin Columbus, a 188-room historic hotel here.
Working on behalf of Waterton Commercial, HFF placed the three-year, adjustable-rate loan with Hall Structured Finance. The loan financed the discounted payoff of the senior mortgage encumbering the property.
The Westin Columbus, located at 310 South High St., originally was constructed in 1897 as the Great Southern Hotel. The property underwent a renovation in 2008 and now features 12,000 square feet of meeting space, a restaurant, lounge, fitness center and business center.
Waterton Commercial is a vertically integrated private equity real estate investment firm headquartered in Chicago.