ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
An executive for the lender behind the high-dollar refinancing of a property next to Margaritaville Resort Orlando says his group sees a unique opportunity within the retail asset class.
Miami-based private real estate lender BridgeInvest recently closed on a $42 million refinance loan to Boca Raton-based Encore Capital Management for its 192,659-square-foot Promenade at Sunset Walk development at 3251 Margaritaville Blvd. in Kissimmee.
Encore Capital Management is also the owner and developer behind the $750 million Margaritaville Orlando Resort.
Click here to read the full story on the Orlando Business Journal’s website.
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