Centennial Bank Provides $54M Construction Loan For Orlando Hotel On Margaritaville Boulevard | 3240 Margaritaville Boulevard | Centennial Bank | Justin Neelis, Daniel Rafael Rojo, Kevin O’Grady | Hotel | Loan

Summary

Loan

FLORIDA

Hotel

The property involved in the transaction is a hotel located at 3240 Margaritaville Boulevard in Orlando. The hotel consists of 300 units and is owned by Encore Opportunity Fund.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $54,000,000
Address: 3240 Margaritaville Boulevard, Orlando
Market: Orlando

The lender for this transaction is Centennial Bank, providing a construction loan of $54,000,000. The brokers involved in the deal are Kevin O'Grady, Justin Neelis, and Daniel Rojo from Concord Summit Capital, representing the buyers.

Players

All
5

Agents
3
Agencies
1
Lenders
1

Justin Neelis

Director

Daniel Rafael Rojo

Senior Financial Analyst

Kevin O’Grady

Partner & Managing Director

Details

Deal Summary

FINANCED

IMAGE: Justin Neelis, Kevin O’Grady & Daniel Rojo DATE: 08/02/2022 ADDRESS: 3240 Margaritaville Boulevard MARKET: Orlando ASSET TYPE: Hotel ~ UNITS: 300 LENDER: Centennial Bank (@My100Bank) LANDLORD: Encore Opportunity Fund BROKERS: Kevin O’Grady, Justin Neelis & Daniel Rojo - Concord Summit Capital LOAN AMOUNT: $54,000,000 LOAN TYPE: Construction Loan

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Address3240 Margaritaville Boulevard

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