Trinity Investments, in a joint venture, has successfully secured a $750 million refinancing for the Grande Lakes Orlando Resort. The resort underwent a $118 million renovation and repositioning project led by Trinity before securing the new loan. The property was financed through a floating-rate CMBS loan.
The 409-acre resort is located in Orlando, Florida and boasts 1,592 luxurious rooms anchored by The Ritz-Carlton and JW Marriott hotels. As one of Marriott’s top conference destinations, Grande Lakes offers an array of amenities including spa services, championship golf courses, farm-to-table dining options and deluxe cabanas at its world-class pools.
In 2018,the Trinity-led joint venture acquired the resort which has since undergone significant renovations to both guestrooms and public areas. Notable additions include 12 new guestrooms as well as upgraded food & beverage experiences.The pool area also received an upgrade with the addition of a waterpark.
This recent achievement marks another milestone for Trinity Investments’ successful track record in hospitality investments.