Kudos to client Manchester Financial Group on securing a $430-million refinancing with a commercial mortgage-backed securities loan for its luxury Fairmont Austin hotel from Goldman Sachs. The city’s fifth-tallest building, Manchester opened the 37-story hotel in 2018. It spans 1.4 million square feet with 1,048 guestrooms and suites, nearly 140,000 square feet of meeting space, a full-service spa, five dining options, a 7^th-floor outdoor pool and a pedestrian walkway to the Austin Convention Center.

Procopio Real Estate partner David Crawford led the transaction for Manchester with assistance from Stephen Isbell and Mike Polvi. JLL served as the broker.

Learn more in an article by Law360 and the JLL press release.