JLL Arranges Construction Financing for InterContinental Orlando
NEW YORK—JLL Capital Markets announced that it arranged a $386 million senior construction loan for the development of InterContinental Orlando, a planned 700-key luxury hotel 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 […]
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