Major investors zero in on Fort Lauderdale Beach hotel market

Private equity giants and publicly traded investment firms are taking a closer look at Fort Lauderdale Beach’s hotels as a number of large properties have hit the market for sale. “What we’re seeing is that Fort Lauderdale is attracting investors who like South Florida, and are maybe finding that Miami is becoming a little too pricey for them,” said Boaz Ashbel, an Aztec Group managing director. Fort Lauderdale Beach is undergoing significant redevelopment, including the … Continue reading Major investors zero in on Fort Lauderdale Beach hotel market[more]