St. Regis Fort Lauderdale Up For Sale
Tuesday April 29th, 2008 - 10:21AM W
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
TAMPA, FL— The 197-key St. Regis Resort, Fort Lauderdale, which opened in May of 2007 and includes condo hotel units, has been put on the sales block. The Plasencia Group is handling the disposition. Castillo Grand, LLC developed the resort for an estimated $135 million.
Furthermore, in another potential deal in St. Lucia, Plasencia Group is now attempting to secure acquisition financing for an undisclosed buyer of the Ladera Resort. The financing will encompass the resort, its restaurant and bar, the spa, an adjacent mountainside residence and property expansion land.
Tags: • Hospitality •
I recently returned from ALIS and, on the trip home, Dennis Nessler and I shared stories about who we met and what we heard—not only the news of the industry, but the temperature of it. And, we concluded what many of you I’m sure have, too: It’s pretty hot right now.