{"id":1004125799,"date":"2015-08-20T11:44:52","date_gmt":"2015-08-20T19:44:52","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=358480"},"modified":"2022-03-03T04:34:35","modified_gmt":"2022-03-03T12:34:35","slug":"reit-closes-on-fort-lauderdale-residence-inn","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/","title":{"rendered":"REIT Closes on Fort Lauderdale Residence Inn"},"content":{"rendered":"<div id=\"attachment_358481\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-358481\" title=\"Residence Inn Fort Lauderdale Intracoastal Il Lugano\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg\" alt=\"Residence Inn Fort Lauderdale Intracoastal\/Il Lugano\" width=\"300\" height=\"161\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Residence Inn Fort Lauderdale Intracoastal\/Il Lugano<\/p>\n<\/div>\n<p>A self-advised, publicly-traded real estate investment trust has completed the acquisition of a 105-room Residence Inn hotel in Fort Lauderdale, Fla. <a href=\"https:\/\/chathamlodgingtrust.com\/\" rel=\"nofollow\">Chatham Lodging Trust<\/a> purchased the Residence Inn Fort Lauderdale Intracoastal\/Il Lugano hotel. Chatham Lodging Trust is a hotel real estate investment trust focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company currently owns 37 properties nationwide, with an aggregate of 5,541 rooms and suites. It also has minority investment in three joint ventures that own 96 hotels with an aggregate of 12,743 rooms.<\/p>\n<p>The Residence Inn Fort Lauderdale Intracoastal\/Il Lugano opened as the Il Lugano Hotel and Residences in 2008. It and was converted to a Residence Inn later, in 2014. The 14-story building is located on the eastern edge of the Intracoastal Waterway at Oakland Park Blvd. Its rooms range in size from 550 to more than 850 square feet, all with views of the Intracoastal Waterway and\/or the Atlantic Ocean. The on-site hotel amenities include a restaurant, a waterfront meeting room, a 177-space parking garage and waterfront deck with docks that can be expanded for added food and beverage operations. The building also includes a number of independently owned condominiums that are not a component of the hotel\u2019s operations. The hotel will be managed by <a href=\"https:\/\/islandhospitality.com\/\" rel=\"nofollow\">Island Hospitality Management<\/a>.<\/p>\n<p><em>Photo credit: Marriott<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A self-advised, publicly-traded real estate investment trust has completed the acquisition of a 105-room Residence Inn hotel in Fort Lauderdale.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1492,21742],"tags":[],"class_list":["post-1004125799","post","type-post","status-publish","format-standard","hentry","category-miami","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>REIT Closes on Fort Lauderdale Residence Inn - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REIT Closes on Fort Lauderdale Residence Inn\" \/>\n<meta property=\"og:description\" content=\"A self-advised, publicly-traded real estate investment trust has completed the acquisition of a 105-room Residence Inn hotel in Fort Lauderdale.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-20T19:44:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T12:34:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"REIT Closes on Fort Lauderdale Residence Inn\",\"datePublished\":\"2015-08-20T19:44:52+00:00\",\"dateModified\":\"2022-03-03T12:34:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/\"},\"wordCount\":228,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg\",\"articleSection\":[\"Miami\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/\",\"name\":\"REIT Closes on Fort Lauderdale Residence Inn - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg\",\"datePublished\":\"2015-08-20T19:44:52+00:00\",\"dateModified\":\"2022-03-03T12:34:35+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/reit-closes-on-fort-lauderdale-residence-inn\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"REIT Closes on Fort Lauderdale Residence Inn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\",\"name\":\"Balazs Szekely\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"caption\":\"Balazs Szekely\"},\"description\":\"Balazs covers the workspace trends, tools, and strategies that help organizations make hybrid work actually work, from access and space management to keeping distributed teams connected. A journalist by training with a career spanning radio, print, and digital media, Balazs has held content roles across multiple Yardi products and teams. His writing has been featured in The New York Times, The Washington Post, and The Wall Street Journal, as well as on CBS, CNBC, and more. Outside of work, Balazs is passionate about photography, winter sports, and nature, and never misses a chance to explore a new city. Drop him a line via email.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/\"],\"jobTitle\":\"Senior Creative Writer\",\"worksFor\":\"WorkCafe\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/balazs-szekely\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"REIT Closes on Fort Lauderdale Residence Inn - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/","og_locale":"en_US","og_type":"article","og_title":"REIT Closes on Fort Lauderdale Residence Inn","og_description":"A self-advised, publicly-traded real estate investment trust has completed the acquisition of a 105-room Residence Inn hotel in Fort Lauderdale.","og_url":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-08-20T19:44:52+00:00","article_modified_time":"2022-03-03T12:34:35+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg","type":"","width":"","height":""}],"author":"Balazs Szekely","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/"},"author":{"name":"Balazs Szekely","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f"},"headline":"REIT Closes on Fort Lauderdale Residence Inn","datePublished":"2015-08-20T19:44:52+00:00","dateModified":"2022-03-03T12:34:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/"},"wordCount":228,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg","articleSection":["Miami","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/","url":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/","name":"REIT Closes on Fort Lauderdale Residence Inn - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg","datePublished":"2015-08-20T19:44:52+00:00","dateModified":"2022-03-03T12:34:35+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/Residence-Inn-Fort-Lauderdale-Intracoastal-Il-Lugano.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/reit-closes-on-fort-lauderdale-residence-inn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"REIT Closes on Fort Lauderdale Residence Inn"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f","name":"Balazs Szekely","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","caption":"Balazs Szekely"},"description":"Balazs covers the workspace trends, tools, and strategies that help organizations make hybrid work actually work, from access and space management to keeping distributed teams connected. A journalist by training with a career spanning radio, print, and digital media, Balazs has held content roles across multiple Yardi products and teams. His writing has been featured in The New York Times, The Washington Post, and The Wall Street Journal, as well as on CBS, CNBC, and more. Outside of work, Balazs is passionate about photography, winter sports, and nature, and never misses a chance to explore a new city. Drop him a line via email.","sameAs":["https:\/\/www.linkedin.com\/"],"jobTitle":"Senior Creative Writer","worksFor":"WorkCafe","url":"https:\/\/www.commercialsearch.com\/news\/author\/balazs-szekely\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004125799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004125799"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004125799\/revisions"}],"predecessor-version":[{"id":1004569956,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004125799\/revisions\/1004569956"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004125799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004125799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004125799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}