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Northeast Corner Of I 4 & U...

Ariel Bentata Of Accesso Partners And Alan Losada Of Meyers Group Acquire 76 Acres In Osceola County For $70M
SOLDDevelopment Site

Ariel Bentata Of Accesso Partners And Alan Losada Of Meyers Group Acquire 76 Acres In Osceola County For $70M

Northeast Corner Of I 4 & U.S. 192

$70,000,000

Building Size

Asset Type

Development Site

Closing

Dec 30, 2025

AI

A development site spanning 76 acres located at the northeast corner of I-4 and U.S. 192 in Osceola County was sold for $70,000,000. The site was formerly the Orlando Sun/Hyatt resort and is planned to be redeveloped into the $1B Ovation Orlando mixed-use entertainment district, which will feature retail, entertainment, and three hotels.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $70,000,000
  • Address: Northeast corner of I-4 & U.S. 192
  • Market: Osceola County
  • Buyer: Ariel Bentata - Accesso Partners; Alan Losada - Meyers Group
  • Acquisition Date: 12/30/2025
  • Site Size: 76 acres

The acquisition was made by Accesso, in collaboration with joint venture partner Meyers Group, which allows for the planned demolition and redevelopment of the site, benefiting from county incentives and fee credits.

Players

MG
Meyers GroupBuyer

Dillon Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.23%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93