JLL has arranged a $145 million loan to refinance a 997-key portfolio of four newly developed, Marriott- and Hilton-branded hotels at the western gateway to Walt Disney World Resort. Representing the borrower, Doradus Partners, and its affiliated management company Yedla Hotels, JLL secured the floating rate loan through Aareal Capital Corporation.
The Winter Garden FL portfolio consists of 223 Residence Inn by Marriott at 2111 Flagler Ave., 273 Fairfield Inn & Suites by Marriott at 631 Flagler Ave., 272 Home2 Suites by Hilton at 341 Flagler Ave., and 229 Homewood Suites by Hilton located 411 Flagler Ave. The hotels opened between January 2021 – January 2022 near Flamingo Crossings Town Center just outside Walt Disney World Resort’s western gate.
Gregg Shapiro (Senior Managing Director) and Barnett Wu (Senior Vice President) led JLL’s team in this transaction.
