AD1 Global
Dual-Branded Marriott in Orlando Lands $42M Loan
Meridian Capital Group has arranged the construction financing for the property, which will include a 140-key Aloft Hotel and a 144-key Element. The funding package includes EB-5 capital.
AD1 Global Acquires $93M Hotel Portfolio
Seller Lingerfelt Commonwealth Partners spent $8.5 million on renovating the properties during its three-year ownership. The five assets are located in Orlando, Atlanta and Charlotte. N.C.
AD1 Global Purchases Myrtle Beach Hotel
Hunter Hotel Advisors represented the seller, Vista Hospitality Group, in the disposition of Courtyard by Marriott Myrtle Beach Barefoot Landing, located within the Barefoot Landing mixed-use development.
Meridian Secures Financing for Tallahassee Hotel
Wyndham Garden Capitol features a wide array of amenities including an outdoor pool and a 24-hour fitness center. The property will undergo a full renovation this year.