JLL's Hotels & Hospitality Group announced that the firm arranged the sale of the 189-room, Waldorf Astoria Chicago. JLL also secured acquisition financing on behalf of the buyer.
The AAA-Five-Diamond Waldorf Astoria Chicago is located in Chicago's Gold Coast neighborhood, near the area's premier shopping and dining options, Oak Street beach and nightlight venues. The hotel features 5,000 square feet of flexible meeting space, a 14,000-square-foot spa and health club and two food and beverage options.
Managing Directors Robert Webster and Adam McGaughyand Executive Vice President Tim Southard led the JLL team on the sales transaction, while Executive Vice President Bill Grice and Senior Vice President Matt Nowaczyk led the financing effort.
Logos, product and company names mentioned are the property of their respective owners.