CBRE Hotels Arranges Sale Of 128-Key Lake Mary Asset
Natalie Castillo and Austin LaPoten with CBRE Hotels represented both the seller and the buyer in the transaction.
Natalie Castillo and Austin LaPoten with CBRE Hotels represented both the seller and the buyer in the transaction.
Orlando Mayor Buddy Dyer will participate in the celebration.
Award entries will be accepted until May 24th and and the process for applying for an award has been streamlined this year. Event sponsorships are also available at a variety of levels.
The 142-acre tech park will also include restaurants, grocery stores, hotels, offices, and other commercial uses.
The development will take place over five phases and several years and is projected to have a completion value of approximately $1 billion. Groundbreaking is slated to begin in 2024.
Cushman & Wakefield’s Glen Jaffee represented the seller and procured the buyer for the off-market transaction.
Christian Charre, Paul Weimer, Jennifer Jin and Andrew Pastorino of CBRE represented the seller, a joint venture between Opterra Capital, Willow Street Capital, Duke Hospitality and LCP Group, in the transaction.
A Kissimmee condo-hotel received $54 million loan and a Winter Garden multifamily development secured $55 million in financing.
The properties represent over 430 keys.
Kent Cooper, CCIM, a CFCAR past president, was awarded Deal of the Year and 17 other awards were presented.
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