Friday, January 16, 2015

HFF arranges $13.5 million financing for Crowne Plaza Orlando-Downtown hotel in Orlando, FL


Crowne Plaza Orlando-Downtown, 304 West Colonial Drive, Orlando, FL

Michael Weinberg
ORLANDO, FL  – HFF announced it has secured a $13.5 million financing for the Crowne Plaza Orlando-Downtown, a 227-room hotel in downtown Orlando, Florida.

HFF worked exclusively on behalf of the borrower, Vista Group of Companies, to secure the loan.

                The asset currently includes 227 condominium hotel units, 50 of which are two-room suites. Renovated from 2010 to 2011, the 14-story, full-service hotel includes 8,050 square feet of meeting space, an outdoor pool, fitness center, business center and restaurant and wine bar.

 The hotel is located at 304 West Colonial Drive along Interstate 4 just minutes from the Central Business District and community venues such as Amway Center, Citrus Bowl and the Dr. Phillips Performing Arts Center.

The HFF team was led by director Michael Weinberg and real estate analysts Cecily Nazario and Alexandra Lalos.



Cecily Nazario
“This asset is supremely high-quality in terms of interior finishes and level of service,” Weinberg said. 

  “The Vista Hospitality team always does an excellent job maintaining and operating their hotels.”

With offices in Kitchener, Ontario and Binghamton, New York, the Vista Hospitality Group owns and operates hotels, resorts and other commercial properties throughout Ontario, Quebec, New York, South Carolina and Florida.  Offering more than 2,700 rooms,

Vista has developed sophisticated information management systems that form the basis of a highly efficient and effective organizational structure.  

The Vista Management Executive Team is extremely diverse and has acquired a reputation for proven performance at all of its properties. 

More information is available at www.vistahospitality.com.  
  
For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

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