Urban Network Capital Group Secures $24M Construction Loan For Orlando Hotel

A construction loan has been secured by Urban Network Capital Group for a hotel property located at 4849 West Irlo Bronson Memorial Highway in Orlando. The loan, provided by LV Lending, amounts to $24,000,000.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $24,000,000
• Lender: LV Lending
• Landlord: Urban Network Capital Group - Robert Thorne

Urban Network Capital Group, led by Robert Thorne, successfully obtained a construction loan from LV Lending for their hotel property in Orlando. The loan will provide necessary funds for the construction and development of the hotel, contributing to the growth of the hospitality market in the area.