Centennial Bank Provides $54M Construction Loan For Orlando Hotel On Margaritaville Boulevard
3240 Margaritaville Boulevard
Hotel
Financed 1 year ago
Summary
The property involved in the transaction is a hotel located at 3240 Margaritaville Boulevard in Orlando. The hotel consists of 300 units and is owned by Encore Opportunity Fund.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $54,000,000
- Address: 3240 Margaritaville Boulevard, Orlando
- Market: Orlando
The lender for this transaction is Centennial Bank, providing a construction loan of $54,000,000. The brokers involved in the deal are Kevin O'Grady, Justin Neelis, and Daniel Rojo from Concord Summit Capital, representing the buyers.
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3240 Margaritaville Boulevard
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