WD Capital Secures $101M Construction Loan for Visions Orlando Resort & Spa in Davenport

Joint Venture Inks $101M Construction Loan for Davenport Mixed-Use Venture
CRE Market Beat Take
Construction financing supported by full presales across multiple phases illustrates how strong forward-sale momentum can de-risk hospitality-adjacent mixed-use projects for lenders.

WD Capital Group has arranged a $101 million construction financing package for Visions Orlando Resort & Spa, a master-planned luxury resort community underway in Davenport, Florida. The 70-acre development is positioned as a large-scale hospitality and residential destination, with a program that blends for-sale housing, condo-hotel product, and neighborhood-serving commercial space.

The resort community is sponsored by Urban Network Capital Group and Vertical Developments. The sponsors are planning a mix of single-family homes, townhomes, and condominium residences, supported by an extensive amenity offering and on-site retail intended to serve both residents and guests. According to the sponsors, all 460 residential units across Phases I, II, III, and V have been fully pre-sold, providing a committed buyer base as construction advances.

The project is being executed in multiple phases, a structure that allows construction to proceed while preserving flexibility for additional build-out over time. This phasing strategy is designed to align the pace of development with market demand and sales progress across the various residential components.

Upon full build-out, Visions Orlando Resort & Spa is planned to feature a 277-unit condo-hotel component, adding a hospitality offering alongside the already pre-sold for-sale product. The community plan also calls for approximately four acres of commercial space. Combined with a comprehensive amenity package, these uses are intended to support both the permanent residential population and short-term visitors to the resort.

WD Capital Group served as capital advisor to both the developer and the lender in the transaction. The firm structured and arranged the $101 million construction financing facility, aligning the loan with the phased development structure and the presales achieved to date. Specific loan terms and the lender’s identity were not disclosed.

The construction financing marks a key milestone for the Davenport project, enabling the sponsors to move forward with delivering the next stages of the master-planned resort community and its mix of residential, hospitality, and commercial components.

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