Sheridan Capital Provides $14.3 Million Bridge Loan For Hotel In Kissimmee
7675 West Irlo Bronson Memorial Highway
$14,300,000
$124/SF
Building Size
115,096 SF
Asset Type
Hotel
Closing
Dec 11, 2025
AI
The property asset involved in this transaction is a hotel located at 7675 West Irlo Bronson Memorial Highway in Kissimmee. The hotel has 197 keys and encompasses a total of 115,096 square feet. A loan amounting to $14,300,000 was secured for this property, classified as a bridge loan.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $14,300,000
- Loan Type: Bridge
- Lender: Sheridan Capital
- Lender's Representative: Asher Bittman - Sheridan Capital
- Landlord's Representatives: Robert Werhane & Tyler Waller - Institutional Property Advisors
The key individuals involved in the deal include Asher Bittman acting on behalf of Sheridan Capital, who provided the loan, and Robert Werhane along with Tyler Waller representing Institutional Property Advisors in connection with the landlord's interests.
Players
Kissimmee Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93