Activate sells West Palm Beach Marriott for $24M amid strong hotel market
Activate Hospitality offloaded a West Palm Beach hotel less than two years after renovating and rebranding it. The Miami-based firm sold the 11-story, 200-key Delta Hotels by Marriott West Palm Beach for $23.8 million to an affiliate of Toronto-based Palm Holdings, led by Sheetal Kapoor, records and
Ugo Colombo, Fort Partners score $324M loan for Four Seasons Coconut Grove
Ugo Colombo’s CMC Group and Nadim Ashi’s Fort Partners secured a $328.8 million construction loan for the planned Four Seasons-branded condo building in Coconut Grove. Bank OZK is the lender, according to a news release. Colombo, founder of CMC, said the developers were considering more than 10 len
Miami-Dade Mayor touts real estate strides amid recall petition
Miami-Dade County Mayor Daniella Levine Cava is aiming to expand her real estate initiatives amid flak from the opposing political party. Levine Cava highlighted her administration’s efforts to make permitting more accessible, spur more construction of affordable and workforce housing and provide fi
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