search

The Real Deal Logo

Trending

Housing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsYellowstone drops approximately $200M on 1740 Broadway debtYellowstone drops approximately $200M on 1740 Broadway debtLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aOnmibuild sues HFZ, lenders on High Line projectOnmibuild sues HFZ, lenders on High Line project
Commercial
South Florida

Miami firm to co-develop Cambria hotel in downtown Orlando

Miami-based HB Capital Group, LLC, and Stratus Development, LLC, plan to open the eight-story, 153-room hotel in 2020

Cambria Hotel Orlando rendering
Cambria Hotel Orlando rendering

Miami-based HB Capital Group, LLC, and a partner to develop a new hotel in downtown Orlando under the Cambria brand.

HB Capital and Irvine, Calif.-based Stratus Development Partners, LLC, signed a deal with Choice Hotels International Inc. to develop the Cambria Hotel Orlando, expected to open in 2020.

The eight-story, 153-room hotel will be located at 170 East Washington St. in downtown Orlando.

Sign Up for the undefined Newsletter

HB Capital, led by CEO Steven Hurowitz, previously collaborated with Stratus to open Cambria hotels at two other locations.

HB Capital is a privately held real estate owner, investor and developer that currently owns more than 50 properties with about 3 million square feet.

Stratus is a full-service real estate firm that has entitled, developed, built, renovated and redeveloped about 26 residential properties in California with more than 2,700 units. – Mike Seemuth

Tags
Commercial Real Estate