ORLANDO—Concord Summit Capital LLC has arranged a $98.39 million refinancing for Margaritaville Resort Orlando. Starwood Property Trust provided the loan, which refinances the existing construction senior and mezzanine debt and provides additional capital for an expansion of the resort, to Margaritaville's developer and owner Encore Capital Management.
Encore, a longtime client of Concord Summit, plans to build 75 additional hotel rooms on the east wing of the resort.
Concord Summit's Managing Director Kevin O'Grady, Director Justin Neelis and Senior Analyst Daniel Rojo sourced the financing on Encore's behalf.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
