BridgeInvest Refis Margaritaville Florida Retail Property With $42M Loan - BridgeInvest

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.

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