Four Orlando Hotels Secure $140M in Construction Finance

Berkadia's Hotels & Hospitality team arranged the financing.

By John McCurry | February 13, 2020 at 09:08 AM

ORLANDO—Dallas-based Hall Structured Finance (HSF) has closed a new first lien construction loan totaling $140 million to finance the construction of four new hotels containing 997 rooms at Flamingo Crossings Town Center, located at the western entrance of Walt Disney World Resort.

The four hotels will include a 223-room Residence Inn by Marriott, a 273-room Fairfield Inn by Marriott, a 229-room Homewood Suites by Hilton, and a 272-room Home 2 Suites by Hilton. All four hotels are being developed simultaneously by real estate developer Doradus Partners within its hospitality fund and are expected to be completed in fourth quarter 2020.

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