JLL’s Hotels & Hospitality group has arranged $575 million in financing for the Diplomat Beach Resort, a beachfront resort with 1,000 guestrooms in Hollywood, FL. JLL worked on behalf of the borrower, a joint venture between real estate funds managed by Trinity Investments and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers business, to secure the five-year, floating-rate loan through mortgage lenders, Citi and Deutsche Bank. The interest-only loan also included mezzanine financing provide by Ohana Real Estate Investors and Canada Pension Plan Investment Board (CPPIB).