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 portfolio in Winter Garden, FL consists of 223-key Residence Inn by Marriott at 2111 Flagler Ave., 273-key Fairfield Inn & Suites by Marriott at 631 Flagler Ave., 272-key Home2 Suites by Hilton at 341 Flagler Ave. and 229 key Homewood Suites by Hilton located on 411 Flagler Avenue. The hotels opened between January 2021 and January 2022 near Flamingo Crossings Town Center just outside the western gate to Walt Disney World Resort.
Gregg Shapiro (Senior Managing Director) and Barnett Wu (Senior Vice President) led JLL’s team for this transaction.
