Everest Group Orlando, FL
Project Type: Mixed-Use
Investment Type: Senior Loan
Investment Amount: $25 million
Located directly across from Walt Disney World Resort, the property is fully entitled, and the sponsor has identified and executed agreements with two premier hospitality groups to develop resort properties at the site. In addition, other uses including medical office, a shopping village and multifamily have been planned for the site. The CanAm loan, which is secured by a low- leverage first lien on the property, will facilitate the construction of the onsite infrastructure to support the future vertical developments which will begin construction in 2022.
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