Newman Financial Funds Celebration Town Center Sale

CELEBRATION, FL-Denver-based Newman Financial Services’ Structured Products Group is providing a three-year $19.1-million bridge loan to New York-based Lexin Capital for the $24-million purchase of the 273,000-sf Town Center here and three prime parcels totaling 6.8 acres of undeveloped land.

Newman’s disclosure on the financing component of the deal is the first confirmation of the actual price paid for the Osceola County property in this city of 8,000 residents founded by Walt Disney World in 1994. But Newman didn’t disclose Lexin’s name in its prepared statement.

Lexin and Disney had declined to disclose terms of the deal, as GlobeSt.com previously reported. Lexin did the hush-hush deal in December and closed it Jan. 21, Lexin previously confirmed.