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7675 West Irlo Bronson Memo...

Sheridan Capital Provides $14.3 Million Bridge Loan For Hotel In Kissimmee
FINANCEDHotel

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

Tyler Waller

Marcus & Millichap

Broker

$70.5M

vol

5 deals

Broker
Institutional Property Advisors
Institutional Property AdvisorsBrokerage

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