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 4040 Central Florida Parkway - Grande Lakes Orlando
FINANCED

Trinity Investments Refinances Grande Lakes Orlando Resort For $750M

4040 Central Florida Parkway - Grande Lakes Orlando

Hotel
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Summary

Loan
FLORIDA
Hotel

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.

Details

Deal Summary
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FINANCED
IMAGE: Sean Hehir DATE: 10/18/2023 ADDRESS: 4040 Central Florida Parkway - Grande Lakes Orlando MARKET: Orlando ASSET TYPE: Hotel ~ KEYS: 1,592 ~ ACRES: 409 LANDLORD: Trinity Investments - Sean Hehir LOAN AMOUNT: $750,000,000 LOAN TYPE: Refinance NOTE: A joint venture led by Trinity Investments has secured a $750 million refinancing for the Grande Lakes Orlando Resort after completing a $118 million renovation. The 1,592-key resort, featuring The Ritz-Carlton and JW Marriott, offers enhanced amenities and has become a top destination within the Marriott system, securing its refinancing with a floating-rate CMBS loan.

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Address 4040 Central Florida Parkway - Grande Lakes Orlando

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