IRVINE, CA—Holliday Fenoglio Fowler has closed the sale of and arranged $55 million in acquisition financing for the Hilton Irvine/Orange County Airport, a 306-room, full-service, Hilton hotel in Orange County's business and retail district in Irvine, CA.

HFF marketed the property on behalf of the seller, DiNapoli Capital Partners. Infinity Realty Advisors purchased the asset free and clear of existing debt. Additionally, working on behalf of the new owners, HFF placed the 10-year, fixed-rate acquisition loan with Goldman Sachs Mortgage Company. HFF will service the loan.

Hilton Irvine Airport

Hilton Irvine/Orange County Airport features 32,188 square feet of indoor/outdoor function space, a fully-equipped fitness center, business kiosk, heated outdoor pool, whirlpool, gift shop, 414 parking stalls and the full-service Aura Bar & Grill restaurant. The 10-story hotel recently underwent an extensive renovation that modernized indoor and outdoor spaces, including updating guest rooms, expanding the room count from 302 to 306, updating corridors and meeting spaces and redesigning the courtyard. Situated on 6.63 acres at 18800 MacArthur Boulevard, the hotel is across the street from the recently-expanded John Wayne International Airport. The hotel's location near the intersection of Interstate 405 and MacArthur Boulevard provides easy access to more than 53 million square feet of office space and the Anaheim/Orange County Convention Center, the largest convention center on the West Coast, in addition to entertainment destinations, including Disneyland, Irvine Spectrum Center, Knott's Berry Farm and several professional sports venues.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.

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