Walker & Dunlop Arranges $282M to Finance Disney-Area Hotel
Eric McGlynn, Daniel Sheehan and Kevin O'Grady of Walker & Dunlop team up to get financing for a new Marriott resort hotel on Walt Disney World property.
September 05, 2017 at 01:28 PM
4 minute read
When Walker & Dunlop's Kevin O'Grady arranged his first high-rise financing loan for over $100 million in 2006, it was a big deal at the time. Today, he rarely sees anything that isn't over $100 million.
“Shows you how fast things accelerate,” O'Grady said. “A lot of that has to do with land available.”
That includes the recent $282 million construction financing deal he completed for the property owner of the JW Marriott Bonnet Creek within the confines of Walt Disney World near Orlando. The 4.5-star hotel is strategically positioned with limited luxury hotel competition in the area, is close to the major attractions in Orlando—Magic Kingdom, Epcot, Disney's water park Blizzard Beach, Universal Studios—as well as premium outlet shops, the Orlando International Airport and major thoroughfares.
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