(Mark Your Calendars: RealShare HOTELS 2011, September 15 in NewYork City).
GRAPEVINE, TX-A joint venture of Somera CapitalManagement LLC, Zelman Development Co. and QuorumHotels & Resorts has acquired $43 million in financingfor the 395-room Hilton DFW Lakes here. HFFsecured the adjustable-rate loan for the conference center throughCornerstone Real Estate Advisers.
The property is at 1800 Highway 26 E., between Dallas and FortWorth. The property features two nine-story guestroom towers, aswell as 60,000 square feet of meeting space and a14,400-square-foot exhibit hall, as well as four restaurants.Amenities also include a fitness center with indoor and outdoorpool, basketball and tennis courts, a private lake and horsebackriding.
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