An in-development Autograph Hotel at Hollywood Park in Inglewood, Calif., now has access to $195 million in financing from Bank of America in a deal structured by CommLoan.
The property is the only hotel permitted within the 300-acre mixed-use development surrounding SoFi Stadium and represents one of the largest hospitality loans arranged through Scottsdale, Ariz.-based CommLoan's platform. The 13-story, 300-room hotel—part of Marriott's Autograph Collection—will have rooftop dining, spa and wellness facilities and 20,000 square-feet of meeting space. Construction topped out in September, with completion expected in fall 2026.
The project—which carries an estimated $450 million valuation—was developed by Kali P. Chaudhuri, chairman and founder of KPC Development Co., a California-based healthcare and commercial real estate developer, and the KPC Group.
"Hollywood Park will stand among Los Angeles' most iconic destinations," Chaudhuri said in a statement. "This hotel represents our commitment to creating enduring landmarks that celebrate design, culture and community. CommLoan's expertise and creativity were instrumental in making this vision possible."
The transaction, led by Robert Shaar—vice president of sales at CommLoan—is among the largest and most complex financings completed through the company's CUPID platform, which matches borrowers and originators with lenders nationwide.
"Transactions of this size and complexity require both precision and trust," Mitch Ginsberg, CommLoan founder and CEO. "The CommLoan platform gives brokers the data and access they need to find creative paths to funding when traditional channels don't fit."