Hyatt in SoCal’s Inland Empire Secures $104M to Finance Upgrades
23 minutes ago
National Core secured $103.6 million in tax-exempt bond financing to renovate the Hyatt Regency hotel in Ontario, California. The redevelopment includes reducing room count, redesigning the lobby, adding food and beverage options, upgrading meeting spaces, fitness center, and pool area. The hotel is strategically located near Ontario International Airport and the upcoming Brightline West high-speed rail terminal. The financing combines hotel revenue bonds and commercial property-assessed clean energy bonds, supporting a transformative hospitality investment.