Hyatt Regency Orlando Secures $620 Million Acquisition Financing

JLL Hotels & Hospitality group has successfully arranged $620 million in acquisition financing for the Hyatt Regency Orlando, a 1,641-key AAA Four Diamond convention center resort located in Orlando, Florida.

The financing, secured on behalf of affiliates of RIDA Development Corporation and an Ares Management Real Estate fund, was provided through a five-year floating-rate loan from Wells Fargo, Bank of America, and Deutsche Bank.

The Hyatt Regency Orlando offers spacious accommodations with an array of amenities, including six dining options, a 24-hour fitness center, tennis courts, a spa, and an outdoor pool. The resort is directly connected to the Orange County Convention Center (OCCC) and provides convenient access to major Orlando attractions like Walt Disney World and Universal Studios.

This financing deal highlights JLL's extensive expertise in the hospitality sector, with the group's global team having completed transactions totaling $83 billion worldwide over the past five years.