facebook
Traded Co logo
Submit
Daily limit: 0/10

JLL Secures $735M Refinance Loan For Walt Disney World Resort In Orlando

Property Image
FINANCED
$735,000,000

Florida

See Similar Deals
Hotel
Financed 05/10/2024
the dealplayerscompscontact
Property Image
FINANCED

JLL Secures $735M Refinance Loan For Walt Disney World Resort In Orlando

1200 Epcot Resorts Boulevard, 1255 Epcot Resorts Boulevard & 1500 Epcot Resorts Boulevard

See Similar Deals
Hotel
Financed 05/10/2024
Contact now

Summary

FLORIDA
Asset Type:Hotel
Transaction Type:Loan

The Walt Disney World Swan and Dolphin Resort is a sprawling hotel complex located at 1200, 1255, and 1500 Epcot Resorts Boulevard in Orlando, Florida. The property consists of two hotels with a total of 2,619 rooms. The recently closed loan transaction involves a refinancing deal amounting to $735,000,000 with a five-year floating-rate term. Wells Fargo, Bank of America, and Goldman Sachs are the lenders involved in the transaction. The landlords of the property are John Vickers from Tishman Hotel & Realty and John D. McCallion from MetLife Investment Management.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $735,000,000
  • Market: Orlando
  • Loan Type: Refinance
  • Keys: 2,619

JLL's Hotels & Hospitality group, represented by Caleigh O'Connell, Kevin Davis, and Mark Fisher from JLL, facilitated the $735 million CMBS term loan for the Swan & Dolphin Resort. This financing was secured on behalf of a joint venture between Tishman Hotel & Realty and MetLife Investment Management. The successful stewardship of Tishman and MIM in Orlando's hospitality market, along with the resort's strong cash flows and unique competitive position, contributed to the confidence shown by the lenders. JLL's Hotels & Hospitality Group is renowned for its global reach and expertise in hotel real estate transactions and advisory services worldwide.

Players

Kevin Davis
22 deals$3B volume
BROKER

Mark Fisher
JLL
9 deals$1.8B volume(212) 812-5966
BROKER

Caleigh O'Connell
JLL
3 deals$1.2B volume
BROKER

Bank of America
LENDER


Details

FINANCED
IMAGE: Kevin Davis, Caleigh O'Connell, John Vickers, John D. McCallion & Mark Fisher DATE: 05/10/2024 ADDRESS: 1200 Epcot Resorts Boulevard - The Walt Disney World Swan, 1255 Epcot Resorts Boulevard - Walt Disney World Swan Reserve & 1500 Epcot Resorts Boulevard - Walt Disney World Dolphin MARKET: Orlando ASSET TYPE: Hotel ~ KEYS: 2,619 LENDER: Wells Fargo (@WellsFargo), Bank of America (@BankofAmerica) & Goldman Sachs (@GoldmanSachs) LANDLORD: John Vickers - Tishman Hotel & Realty; John D. McCallion - MetLife Investment Management BROKERS: Caleigh O'Connell (@CaleighOConnell__), Kevin Davis & Mark Fisher - JLL (@JLL) LOAN AMOUNT: $735,000,000 LOAN TYPE: Refinance LOAN TERMS: five-year, floating-rate NOTE: JLL's Hotels & Hospitality group secured a $735 million CMBS term loan to refinance the Swan & Dolphin Resort, situated adjacent to Walt Disney World in Lake Buena Vista, Florida, on behalf of a joint venture between Tishman Hotel & Realty and MetLife Investment Management. The loan, arranged with Wells Fargo, Bank of America, and Goldman Sachs, reflects confidence in the resort's strong cash flows, unique competitive position, and the successful stewardship of Tishman and MIM in Orlando's hospitality market. JLL's Hotels & Hospitality Group, known for its extensive global reach and track record, continues to lead in hotel real estate transactions and advisory services worldwide.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$735,000,000.00

Monthly NOI$4,900,000.00
Monthly Debt Service$4,645,699.97
Change in Cash Flow$0.00
Refinance Proceeds$0.00