JLL Secures $386M Loan for InterContinental Orlando
JLL Capital Markets arranged a $386 million senior construction loan for the development of the 700-key InterContinental Orlando, slated to open in 2029 along International Drive.
Key Takeaways
- 1Civitas provided the four-year, floating-rate senior construction loan with two extension options.
- 2The 12-story, 906,142-square-foot luxury property is being co-developed by Flag Luxury Group and Unicorp National Developments.
- 3The resort will feature 105,000 square feet of meeting space, a spa, multiple F&B venues, and access to major Orlando attractions.
This is a summary. Lodging Magazine has the full story.
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