Lending Portfolio

Transaction Details

Residence Inn by Marriott Ormond Beach will feature 137 beach-front rooms and amenities as well as direct private beach access. The five-story hotel is located five miles from downtown Daytona Beach, seven miles from Daytona International Speedway and eight miles from Daytona International Airport. The project developer is Contender Development based in Greenville, South Carolina.

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River Creek Lofts

Deal Basics

  • location

    Ormond Beach, FL

  • loan amount

    $35 Million

  • loan type

    Construction Loan

  • property type

    Hotel

Previous Transaction

Marriot Courtyard and Residence Inn

Next Transaction

River Creek Lofts