Hillcrest Finance Provides $32.3M Loan For Orlando Hotel Acquisition At 5612-14 Major Blvd

The recently closed property transaction involved a hotel located at 5612-14 Major Boulevard in Orlando. The hotel consists of 195 keys and was acquired through an acquisition loan of $32,300,000. The loan, provided by Hillcrest Finance LLC, has a term of three years.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $32,300,000
• Address: 5612-14 Major Boulevard
• Market: Orlando
• Loan Type: Acquisition Loan
• Loan Terms: Three-year term

Leading the transaction were Michael Weinberg and Wyatt Krapf from Berkadia Hotels & Hospitality, who represented the buyer and seller as brokers. The landlord in this deal is Paceline Equity Partners. They played a pivotal role in facilitating the transaction.