BridgeInvest Refis Margaritaville Florida Retail Property With $42M Loan
September 14, 2023
Encore Capital Management has nabbed a $42 million debt package to refinance the retail portfolio of a Margaritaville-branded property near Orlando, Commercial Observer has learned.
BridgeInvest supplied the bridge loan on Encore’s The Promenade at Sunset Walk – Margaritaville Resort in Kissimmee, Fla.
The loan will be used to repay previous construction debt on the 14-building, 192,659-square-foot retail center that is situated within a larger 325-acre master-planned entertainment community.
See the full article on Commercial Observer.
