International Shoppes

$14,350,000 bridge loan secured by first mortgage on a 73,318 square feet retail center located at 5565 International Drive in Orlando, Florida. The property consists of one main building along with a detached pad that make up a total of 73,318 square feet of retail space. The property is located on International Drive, a major thoroughfare in Florida which runs about 11 miles through Orlando’s downtown area. International Drive is home to retail strips, hotels, night life, and many other tourism related attractions. The borrower used Edgewood’s loan to payoff existing first mortgage lien on the property and accommodate TI’s for the property’s newest tenant.