South Florida’s top deals: Ashford Hospitality sells Courtyard by Marriott for $23M

by Matthew Elo

🏆 Commercial: In Weston, the 174-key Courtyard by Marriott at 2000 North Commerce Parkway sold for $22.75 million. Ashford Hospitality sold the hotel to Driftwood Capital. The price was under $131,000 per key. Driftwood borrowed $19.3 million from Fifth Third Bank to finance the deal.  🏆 Residential: In Palm Beach, the most expensive residential sale Monday was $17.9 million for a 6,532-square-foot home at 201 Via Bellaria in the Mar-a-Lago security zone. Craig Hammer and Bradford Hammer, co-trustees of the Ryna Greenbaum Living Trust, sold the home to Adam and Carolina Rodman. Adam Rodman is founder and CEO of energy […]This article originally appeared on The Real Deal. Click here to read the full story.
Eric Reikenis
Eric Reikenis

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