Land acquired for new hotel in Hollywood

CN Hotels paid $1.05 million for a parcel near Hollywood City Hall

TRD MIAMI /
Jun.June 18, 2017 10:30 AM

Greensboro, North Carolina-based CN Hotels acquired land in Hollywood for a 119-room hotel.

An affiliate of CN Hotels called Hollywood Downtown Hotel paid $1.05 million for a little less than an acre at 2638 Polk Street near Hollywood City Hall.

CN Hotels managing partner Anit Patel told the Sun-Sentinel that the company’s Hollywood hotel project was in the planning and design stage.

He said CN Hotels is in talks to affiliate its Hollywood hotel with an upscale hotel brand catering to guests traveling for both business and leisure.

Patel also said CN Hotels is seeking land in Homestead for another hotel and finishing renovations to the 146-room Holiday Inn Express & Suites Miami-Hialeah at 6650 West 20th Avenue in Hialeah.

Fort Lauderdale-based real estate brokerage firm Berger Commercial Realty/CORFAC International represented 2368 Polk Street LLC, the company that sold the Hollywood parcel to the affiliate of CN Hotels. [Sun-Sentinel]Mike Seemuth


Related Articles

arrow_forward_ios
Housing Trust Group CEO and President Matt Rieger and renderings of the project (City of Hollywood)

Hollywood approves multifamily affordable housing project

Hollywood approves multifamily affordable housing project
The Emerald Hills golf course and Ari Pearl

Developers propose Nicklaus redesign of Emerald Hills golf course, luxury residences

Developers propose Nicklaus redesign of Emerald Hills golf course, luxury residences
A rendering of the project at 2717 Van Buren Street

French developer plans to build a cluster of rentals in Hollywood

French developer plans to build a cluster of rentals in Hollywood
From left: Jeff Soffer, Brian Kingston of Brookfield Property Partners, Brett Mufson and Diplomat Beach Resort Hollywood

Jeffrey Soffer’s $800M Diplomat resort purchase called off

Jeffrey Soffer’s $800M Diplomat resort purchase called off
Jesus Quintero and Phil Gutman, with a rendering of Quint Hollywood

Brown Harris Stevens tapped to sell Quint Hollywood townhome project

Brown Harris Stevens tapped to sell Quint Hollywood townhome project
BTI Partners CEO Noah Breakstone and the property

BTI Partners pays $16M for downtown Hollywood site of major mixed-use project

BTI Partners pays $16M for downtown Hollywood site of major mixed-use project
Hyde Beach House Resort & Residences, Carlos Rosso and Drew Sims

Sotherly closes on acquisition of Hyde Beach House hotel space

Sotherly closes on acquisition of Hyde Beach House hotel space
2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)

TIAA sells Weston warehouse for $33M

TIAA sells Weston warehouse for $33M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...