Courtyard Marriott in Plantation nabs $17M loan

Courtyard Marriott in Plantation
Courtyard Marriott in Plantation

A Courtyard Marriott in Plantation received a $17 million loan recently, The Real Deal has learned.

German American Capital Corp. granted CBM Two Hotels LP and C2 Land LP the mortgage on March 31, Broward County records show.

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C2 Land, the owner of the nearly 2-acre site 7780 Southwest Sixth Street, bought the property in December 2005 for close to $3 million. C2 is affiliated with Clarion Partners, the New York-based real estate investment management company.

The 149-room hotel includes a resort-style pool and paved parking surrounding the building. It was built in 1989. Last minute weekend rates for the one and two-bedroom rooms and suites range from $179 to $279, according to the hotel’s website. They range from 350 square feet to 418 square feet.