The $99 million loan marks the latest in a summer of hot South Florida hotel deals.
August 03, 2015 at 11:05 AM
1 minute read
A $99 million loan marks the latest in what’s been a summer of hot South Florida hotel deals.
In a transaction closed July 24, a company linked to real estate finance firm Northstar Realty Finance Corp. acquired the lease to operate the three-hotel Miami Marriott campus near the airport at 1201 NW LeJeune Road. The seller is Maryland-based Thayer Lodging, Brookfield Hotel Properties, which took over the lease in 2007 and renovated the property in 2008.
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