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Transwestern Secures $30.6 Million in Financing to Refresh Houston's Hotel Granduca

Upgrades Expected to ‘Create an Experience’ for Guests at Ground-Floor Common Areas
JLL secured a $30.6 million loan for Transwestern Hospitality Group to update portions of Hotel Granduca in Uptown Houston. (Steve Lee/CoStar)
JLL secured a $30.6 million loan for Transwestern Hospitality Group to update portions of Hotel Granduca in Uptown Houston. (Steve Lee/CoStar)
CoStar News
February 20, 2024 | 11:22 P.M.

The new owner of a boutique hotel in Uptown Houston secured $30.6 million in financing that it plans to use to renovate the property with construction expected to start by the middle of this year.

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