Flag Luxury Group & Unicorp National Developments Inc Secures $386 Million Construction Loan From Civitas Capital Group For Hotel In Orlando
8001 International Drive
$386,000,000
$426/SF
Building Size
906,142 SF
Asset Type
Hotel
Closing
Nov 10, 2026
About this deal
AI
The property asset involved is located at InterContinental Orlando, 8001 International Drive, in the Orlando market. This hotel asset encompasses a total of 906,142 square feet and includes 700 keys. The construction loan amounts to $386,000,000 with Civitas Capital Group acting as the lender and Flag Luxury Group along with Unicorp National Developments Inc as the borrowers.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: $386,000,000
- Square Footage: 906,142
- Address: InterContinental Orlando - 8001 International Drive
- Market: Orlando
- Lender: Civitas Capital Group
- Borrower: Flag Luxury Group & Unicorp National Developments Inc
- Brokers: Kevin Davis, Jillian Mariutti, Mark Fisher, Wyatt Krapf, Martha Duff & Henry Winchester - JLL
- Loan Type: Construction
The transaction involves notable individuals including Kevin Davis, Jillian Mariutti, Mark Fisher, Wyatt Krapf, Martha Duff, and Henry Winchester, all representing JLL in the deal. They facilitated the loan arrangement between the lender and the borrowers, contributing to the transaction's success.
On the Map
$386,000,000
$426/SF
Hotel
View full map
Players
Orlando Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
Loading comparables…
Deal FAQ
Visit Wyatt Krapf to view all their deals.
Browse Orlando hotel loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93