JLL arranges $386M construction financing for InterContinental Orlando luxury hotel development

• JLL arranged a $386 million senior construction loan for the development of the 700-key InterContinental Orlando luxury hotel on International Drive.

• Flag Luxury Group and Unicorp National Developments secured financing through Civitas for one of the largest hospitality construction projects currently underway in Orlando.

• The project will introduce a luxury hotel destination near Universal Epic Universe, Universal Orlando Resort, Walt Disney World Resort and the Orange County Convention Center, with delivery targeted for 2029.

NEW YORK, Nov. 10, 2026 – JLL Capital Markets announced today that it arranged a $386 million senior construction loan for the development of InterContinental Orlando, a planned 700-key luxury hotel located at 8001 International Drive in Orlando, Florida. The 12-story, full-service hotel will encompass approximately 906,142 square feet and is scheduled for delivery in 2029.

JLL worked on behalf of the borrowers, Flag Luxury Group and Unicorp National Developments Inc., to secure a four-year floating-rate loan with two one-year extension options through Civitas. The JLL Hotels & Hospitality team was led by Americas CEO Kevin Davis, Managing Directors Mark Fisher and Jillian Mariutti, Senior Director Wyatt Krapf, Director Henry Winchester and Analyst Martha Duff.

The InterContinental Orlando is being developed on a 13.05-acre site within Orlando's International Drive corridor and will operate under the InterContinental Hotels & Resorts brand. The 700-key luxury hotel is planned to feature approximately 105,000 square feet of meeting and pre-function space, multiple food-and-beverage venues, a conservatory, spa and wellness facilities, fitness center, Club InterContinental lounge, pool amenities and structured parking. The project is envisioned as a premier destination for both group and leisure travelers visiting Central Florida.

Situated along International Drive, the property will be positioned within minutes of Universal Epic Universe, Universal Orlando Resort, Walt Disney World Resort, the Orange County Convention Center and Orlando International Airport. The location provides access to one of the nation's most established tourism and convention destinations, supported by a diverse economic base that includes hospitality, healthcare, technology, higher education and professional services employers.

The development represents the next chapter in the ongoing evolution of Orlando's tourism corridor, where significant public and private investment continues to drive visitation, new business activity and hospitality demand. With a globally recognized luxury brand, extensive meeting facilities and a strategic location near the region's leading attractions and convention infrastructure, the project is positioned to serve convention attendees, leisure travelers and group business seeking a high-end hospitality experience.

"The combination of a globally recognized luxury brand, an irreplaceable location along International Drive and sponsorship with a proven track record created a compelling opportunity for lenders," said Davis. "This financing positions the project to deliver a premier hospitality experience that is well-aligned with the continued evolution of Orlando as a luxury leisure and group travel destination."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of approximately 112,000 as of September 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com. 

Civitas Capital Group is a leading provider of bridge and construction financing nationwide. Since 2009, Civitas has originated over $3 billion of equity and debt transactions, always anchored by the firm's core values of Focused Creativity, Institutional Stewardship, and Respect & Grace. The firm digs deeper to uncover opportunities that others miss, combining decades of underwriting experience with flexible structuring and uncompromising integrity. The result: Civitas is trusted by real estate innovators to deliver creative solutions, disciplined execution, and enduring commitment. Learn more at civitascapital.com.

Flag Luxury Group is a privately held, New York City-based real estate developer specializing in luxury hospitality, branded residences, entertainment, and retail projects in high-barrier, high-growth gateway markets. Founded in 1997 by Paul and Dayssi Kanavos, the firm evolved from The Flag Group, established in 1946, which developed over $4 billion in global hospitality assets. Since forming a strategic alliance with The Ritz-Carlton in 1997, Flag Luxury has developed more than $6 billion in projects, including multiple Ritz-Carlton properties across premier U.S. markets.

Unicorp National Developments, Inc., is an award-winning real estate developer specializing in luxury multifamily, mixed-use destinations, hotels, and branded residences. Since 1998, the firm has developed more than $7 billion in projects across Florida, Texas, New York, and other high-growth markets, with over 10 million square feet currently in planning and construction. In Florida, Unicorp recently completed The St. Regis Longboat Key Resort; The Ritz-Carlton Residences, Orlando, Grande Lakes; and is about to begin the Ritz-Carlton Residences, Hammock Dunes. Unicorp is led by Founder and President Chuck Whittall.