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$121M: Selling Price for The Wyndham Grand Orlando Resort Bonnet Creek
JLL has closed the $121-million sale of Wyndham Grand Orlando Resort Bonnet Creek, a 400-key resort in Orlando, FL. The resort is situated on 7.3 acres in Bonnet Creek, a private development of four hotels bordered by Walt Disney World Resort on three sides.
A JLL team of Andrew Dickey and Christopher Exler JLL represented the seller, Wyndham Hotels & Resorts. A joint venture between Tishman Realty and Cross Lake Partners acquired the asset.
“With Disney World breaking all-time revenue records and the overall leisure thesis within hotel real estate, we expect the Orlando market to increasingly come into focus for investors,” said Exler.
The property features 50,000 square feet of flexible event space; shares six pools and two lazy rivers with the neighboring timeshare complex; has a spa, jogging trail and fitness center; and offers shuttle service to Walt Disney World Resort. There are six onsite food and beverage venues.
- ◦Sale/Acquisition
