Marriot

$34.8 Million Mezzanine Financing Secured For Miami Airport Marriott Connection

8:00 am on June 6, 2024 By Oscar Nunez

Driftwood Capital has provided $34.8 million in mezzanine financing for refinancing Miami Airport Marriott Connection, a Marriott-branded complex with three hotels near Miami International Airport. The financing was provided through Driftwood Lending Partners, LP (DLP), to an affiliate of Cerberus Capital Management and Highgate. Driftwood originated the two-year loan with three one-year extension options at a competitive interest rate.

‘The Beachmaker Hotel’ Slated for 2026 Completion at 14500 Madeira Way, Madeira Beach, FL

7:00 am on May 6, 2024 By Colt Dodd

Our sources point to an exciting venture taking shape in Madeira Beach. The Beachmaker Hotel will measure eight stories above grade, offering 161 hotel condos and 10 penthouses.

115-Key Hotel “The Element by Westin” Proposed for Dania Beach, FL

7:00 am on December 9, 2023 By Colt Dodd

FLL Airport Lodging LLC, an affiliate of Baywood Hotels, is seeking approval for a hotel in Dania Beach. If the City Commission approves the venture at the December 12 hearing, it will be the second Element hotel in Broward County (the second one is located in Fort Lauderdale).

Aloft Hotel Coming to Lake Nona at 12498 Approach Way at Lake Nona Boulevard, Orlando, Florida

7:00 am on April 14, 2022 By Colt Dodd

Lake Nona in Orlando, Florida, is a master-planned community home to stores, restaurants, residences, and more. Soon, it’ll also be home to a new Aloft Hotel, which is one of the 30 brands under the Marriott Bonvoy banner.

Springhill Suites by Marriott Coming to 412 and 422 North First Street, Jacksonville, Florida

7:00 am on April 4, 2022 By Colt Dodd

The Jacksonville Business Journal reports that in a post-pandemic world, one thing is certain: vacationers want leisurely, beachfront getaways. That’s where a new Springhill Suites by Marriott in Duval County, Florida, comes in. The five-story hotel will comprise 136 rooms and more than 120 parking spots.

Construction Is Set To Begin In January 2022 For Adache Group Architects-Designed Aloft Hotel In Fort Lauderdale

8:00 am on December 29, 2021 By Oscar Nunez

Construction is set to begin soon on Aloft Hotel, a new 14-story commercial building planned for 501 Southeast 24th Street in Poinciana Park, Fort Lauderdale. The project’s architect, Adache Group Architects, has announced work will…

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