Civitas Capital Group Provides $386 Million Loan For InterContinental Orlando Hotel Development

The transaction involves a senior construction loan provided for a luxury hotel project at 8001 International Drive in Orlando, Florida. The property will feature 700 keys and offer 105,000 square feet of meeting space, along with multiple dining venues and a spa. Additionally, the hotel includes a six-level parking garage, with an expected completion date in the third quarter of 2029.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $386,000,000
• Address: 8001 International Drive
• Market: Orlando, FL
• Lender: Austin Khan - Civitas Capital Group
• Landlord: Chuck Whittall - Unicorp National Developments
• Landlord: Paul Kanavos - Flag Luxury Group
• Broker: JLL
• Loan Type: Senior Construction

This transaction highlights key players including Austin Khan from Civitas Capital Group, who acted as the lender. Chuck Whittall and Paul Kanavos represent the landlord side through Unicorp National Developments and Flag Luxury Group, respectively. JLL facilitated the brokerage services for the deal.