Rockpoint JV Picks Up Fort Lauderdale Hotel

A joint venture between Rockpoint and Newbond Holdings has acquired Hotel Maren Fort Lauderdale, Curio Collection by Hilton in Fort Lauderdale, Fla. The transaction was valued at approximately $47.1 million, according to Broward County records. MHF Las Olas VI LLC, an affiliate of Magna Hospitality Group, sold the asset.

The 12-story, 141-key hotel opened in 2021 as Fort Lauderdale’s first Curio Collection by Hilton property. Guestrooms and suites have water views, with most featuring balconies. Amenities include a pool deck, a fitness center and a yoga studio. The new ownership plans to enhance food and beverage options as well as public areas at the property.

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Before Hotel Maren came online, the site was planned as Las Olas Ocean Resort. Construction on the project stalled in 2017 amid financial issues with the original developer. Magna purchased the site in 2018 for $39.1 million, according to Broward County records. The developer subsequently secured a $51.5 million construction loan to continue work.

Hotel Maren marks Rockpoint and Newbond’s second hotel acquisition together in the past 12 months. In September 2025, the partnership purchased another Florida property, Westin Tampa Waterside, a 309-key hotel on Tampa’s Harbour Island.

Located at 525 South Fort Lauderdale Beach Boulevard, Hotel Maren is two miles south of The Galleria at Fort Lauderdale. Fort Lauderdale-Hollywood International Airport is approximately six miles away.

Fort Lauderdale hotel investment activity

Hotel Maren’s acquisition follows Blackstone’s $115 million refinancing for W Fort Lauderdale in June. The firm acquired the 346-key oceanfront hotel in 2024 for $97.7 million.

In May, The Artifact Group and Rok Acquisitions purchased Sheraton Suites Fort Lauderdale West in Plantation, Fla., west of Fort Lauderdale. The new owners plan to invest $10 million in the 265-room hotel to update rooms and corridors. CIM Group provided a three-year floating-rate loan for the acquisition.