JLL arranges $386M construction financing for InterContinental Orlando luxury hotel development
United States, Nov. 10 -- JLL Capital Markets announced today that it arranged a $386 million senior construction loan for the development of InterContinental Orlando, a planned 700-key luxury hotel located at 8001 International Drive in Orlando, Florida. The 12-story, full-service hotel will encompass approximately 906,142 square feet and is scheduled for delivery in 2029.JLL worked on behalf of the borrowers, Flag Luxury Group and Unicorp National Developments Inc., to secure a four-year floating-rate loan with two one-year extension options through Civitas. The JLL Hotels & Hospitality team was led by Americas CEO Kevin Davis, Managing Directors Mark Fisher and Jillian Mariutti, Senior Director Wyatt Krapf, Director Henry Winchester and ...
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