Xenia Hotels & Resorts has secured $60 million in refinancing for the Grand Bohemian Hotel in downtown Orlando. The 247 room full service luxury hotel is part of Marriott’s Autograph Collection. The property features 9,117 sq ft of meeting and ballroom space, 1,518 sq ft of pre-function space, a heated outdoor pool and whirlpool, the Grand Bohemian Art Gallery and food and beverage areas. Holliday Fenoglio Fowler, L.P. placed the loan the 10-year, fixed-rate loan with MetLife.
“We are bullish on downtown Orlando and its future growth potential,” said Michael Weinberg, HFF debt placement team. “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.”
