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Walker & Dunlop Arranges $104.5M Financing for Ritz-Carlton Savannah
The real estate finance firm secured construction funding for a new luxury hotel development in Georgia.
Apr. 6, 2026 at 11:58pm
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The intricate financial machinery behind a major luxury hotel development signals confidence in Savannah's tourism market.Bethesda TodayWalker & Dunlop, a leading commercial real estate finance company, has arranged $104.5 million in construction financing for a new Ritz-Carlton hotel development in Savannah, Georgia. The financing will support the construction of the luxury hotel, which is expected to open in 2028.
Why it matters
The Ritz-Carlton Savannah project represents a significant investment in the city's hospitality industry, signaling confidence in the local tourism market. As a major brand, the Ritz-Carlton's arrival could attract more high-end visitors to the historic coastal city and spur further economic development.
The details
The $104.5 million construction loan was arranged by Walker & Dunlop, a national commercial real estate finance firm. The financing will support the development of a new Ritz-Carlton hotel in Savannah's downtown district, featuring 180 guest rooms and suites as well as luxury amenities. The project is expected to be completed in 2028.
- The financing was secured in April 2026.
- The Ritz-Carlton Savannah is expected to open in 2028.
The players
Walker & Dunlop
A leading commercial real estate finance company that arranged the $104.5 million construction loan for the Ritz-Carlton Savannah project.
Ritz-Carlton
A luxury hotel brand that will operate the new 180-room hotel development in Savannah, Georgia.
What’s next
The Ritz-Carlton Savannah project is expected to break ground in the coming months, with an anticipated opening date in 2028.
The takeaway
The Ritz-Carlton's decision to open a new luxury hotel in Savannah underscores the city's growing appeal as a high-end tourism destination. The project represents a significant investment that could drive further economic growth and development in the historic coastal city.
