CIVITAS CAPITAL GROUP PROVIDES $386 MILLION CONSTRUCTION LOAN FOR INTERCONTINENTAL ORLANDO

Austin Khan, Managing Director and Head of Investments for Civitas

“This transaction checked many of the boxes for our program, including experienced and well-capitalized sponsorship, outstanding market fundamentals, and the need for a creative structuring solution.”

Austin Khan, Managing Director and Head of Investments for Civitas

“Orlando is well represented by institutional ownership for large-scale trophy assets, and we are excited to be a part of bringing this hotel to market.”

Chuck Whittall, President of Unicorp National Developments

“Unicorp has been building in Central Florida for decades, and International Drive has never had more momentum.”

Chuck Whittall, President of Unicorp National Developments

“This loan allows us to break ground on the first phase of a multi-billion-dollar masterplan and will create jobs, anchor group business for the convention center, accommodate Epic Universe customers, and bring a world-class brand to the corridor.”

Paul Kanavos, Chairman and CEO of Flag Luxury Group

“Closing this financing marks the moment that the InterContinental Orlando moves from vision to construction.”

Paul Kanavos, Chairman and CEO of Flag Luxury Group

“Orlando is one of the great hospitality markets in the world, and this resort will be a flagship for Intercontinental hotels and will set a new standard for luxury on International Drive.”