Refinancing of The Ritz-Carlton, Toronto

Deal value: $180,000,000

Refinancing of the 263-key Ritz-Carlton luxury hotel in downtown Toronto by Oxford Properties Group.

The refinancing of The Ritz-Carlton, Toronto is driven by the opportunity to optimize capital structure for a trophy asset in a prime urban location. The core motivation is to lock in favorable financing terms, release equity, and support ongoing or planned upgrades to maintain the hotel's competitive positioning in Toronto’s luxury hospitality market. The transaction reflects confidence in the resilience of high-end hospitality assets in global gateway cities and a belief in Toronto’s continued growth as a business and tourism hub.