Northwood asking $300M for famed Cheeca Lodge hotel in the Florida Keys
Trophy-fishing season is open in the Florida Keys, with Northwood Investors casting a $300 million line for the famed Cheeca Lodge & Spa in Islamorada. Northwood, led by former Blackstone titan John Kukral, tapped JLL to reel in a buyer for the 250-room resort, Bloomberg reported, citing anonymous sources. Cheeca Lodge, at 81801 Overseas Highway, spans 27 acres. It was founded 60 years ago by an heir to the A&P grocery fortune, and it became a vacation magnet for cultural icons of the mid-20th Century, such as baseball hall-of-famer Ted Williams and movie star Paul Newman. It was famously the […]This article originally appeared on The Real Deal. Click here to read the full story.
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