Orlando World Center Marriott Resort & Conference Center

First Fidelity arranged financing for the 2,000-room Orlando World Center Marriott Resort & Conference Center which is the preeminent convention headquarters hotel in Orlando, FL.  The $300,000,000 loan was placed on behalf of Host Hotels & Resorts with a major U.S. life insurance company and will replace the existing indebtedness on the property (a $240,000,000 loan previously arranged by First Fidelity) as well as provide additional capital for improvements to the resort.