“Trinity Secures $750 Million Refinancing for Grande Lakes Resort”

"Trinity Secures $750 Million Refinancing for Grande Lakes Resort"

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.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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