Trinity Investments Refinances Grande Lakes Orlando Resort For $750M
4040 Central Florida Parkway - Grande Lakes Orlando
Summary
The Grande Lakes Orlando Resort, located at 4040 Central Florida Parkway in Orlando, has secured a $750 million refinancing through a joint venture led by Trinity Investments. The resort, which underwent a $118 million renovation, offers 1,592 keys and spans across 409 acres. It features The Ritz-Carlton and JW Marriott, and has become a prominent destination within the Marriott system, attracting visitors with enhanced amenities. The refinancing was made possible through a floating-rate CMBS loan.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $750,000,000
- Keys: 1,592
- Acres: 409
- Address: 4040 Central Florida Parkway - Grande Lakes Orlando
- Market: Orlando
The joint venture, led by Trinity Investments, successfully completed the $118 million renovation of the Grande Lakes Orlando Resort. As a result, the resort has gained prominence within the Marriott system and has become a top destination. Trinity Investments, represented by Sean Hehir, secured the $750 million refinancing with a floating-rate CMBS loan.
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