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Florida & Gulf Coast  + Central Florida  + Hospitality  |  February 10, 2020
David Cohen
By: David Cohen

Hall Structured Finance Provides $140M Construction Loan for Orlando Hotel Project

Dallas-based Hall Structured Finance has provided a $140 million construction loan for Flamingo Crossings Town Center, a 997-room, four property hotel project at the western entrance of Walt Disney World Resort in Orlando.

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 their hospitality fund , and are expected to be completed in fourth quarter 2020. The new hotels will share a five-story parking garage, surface parking and a sports court.

Justin Ownby, Adrienne Kautzman and Mauricio Rodriguez of Berkadia Commercial Mortgage LLC sourced the financing for the project.

Connect South Florida is coming to Key Biscayne on Feb. 26, 2020. For more information, or to register, click here.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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