Learn what Magic Development's new partnership with Wyndham Hotels will mean for its investors and guests, and how it positions the company for growth.
Your update on how this Tennessee-based group is working with nearby homeowners to incorporate their views for design, prospective flags and a parking solution.
The Greater Orlando market boasted 68 individual hotel transactions in 2015, with single asset sales totaling $595 million in value -- more than the previous two years combined. Despite economy and debt market questions, Orlando can draw more hotel investment than ever, said Paul Sexton of HREC Investment Advisors.
Up to $1 million in upgrades and renovations could be made in the coming year to the property, between flag-standard requirements and deferred maintenance, the seller's broker tells GrowthSpotter.
A Brazilian development group bought the Ramada Orlando across from I-Drive 360, while a Chinese family bought the Super 8 motel on American Way, with each being their first investment in Orlando.
