Saturday, March 19, 2016

HFF arranges $60 million refinancing for Grand Bohemian Hotel Orlando in Downtown Orlando, FL

Grand Bohemian Hotel, 325 South Orange Avenue,  Downtown Orlando, FL

 ORLANDO, FL –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a $60 million refinancing for Grand Bohemian Hotel Orlando, a 247-room, full-service, award-winning, luxury hotel in the heart of downtown Orlando, Florida.

HFF worked on behalf of the borrower, Xenia Hotels & Resorts, Inc., to place the 10-year, fixed-rate loan with MetLife.  Loan proceeds will be used to refinance an existing loan

Michael Weinberg
Grand Bohemian Hotel Orlando is an AAA Four Diamond award-winning hotel most recently named the 2015 No. 6 Best Orlando Hotel by U.S. News & World Report.

 The hotel, which is part of Marriott’s Autograph Collection, features 9,117 square feet of meeting and ballroom space, 1,518 square feet of pre-function space, a heated outdoor pool and whirlpool, Poseidon Spa, 24-hour fitness center, Grand Bohemian Art Gallery and three food and beverage options – The Boheme Restaurant, Bösendorfer Lounge and Starbucks® Café. 

Completed in 2001, the hotel is located at 325 South Orange Avenue in downtown Orlando across the street from the new Dr. Phillips Center for the Performing Arts, a nine-acre venue with three performance theaters and an outdoor performance plaza. 

The hotel is proximate to 10 million square feet of office space and, with a Walk Score ranking of 91, it is surrounded by restaurants, nightlife, parks, shopping and entertainment venues, including the Amway Center, home to the Orlando Magic NBA team.

The HFF debt placement team representing the borrower was led by director Michael Weinberg.

“We are bullish on downtown Orlando and its future growth potential,” Weinberg said.  “We have seen strong demand from debt and equity capital firsthand, having sold or financed some of the premier assets in the submarket, such as Grand Bohemian and Embassy Suites.”

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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