{"id":1004203189,"date":"2018-01-10T14:56:02","date_gmt":"2018-01-10T22:56:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004203189"},"modified":"2022-12-08T16:06:06","modified_gmt":"2022-12-09T00:06:06","slug":"hilton-melbourne-rialto-place-changes-hands-in-fl","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hilton-melbourne-rialto-place-changes-hands-in-fl\/","title":{"rendered":"Hilton Melbourne Rialto Place Changes Hands in FL"},"content":{"rendered":"<p>by Beata Lorincz<\/p>\n<div id=\"attachment_1004203192\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004203192\" data-attachment-id=\"1004203192\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hilton-melbourne-rialto-place-changes-hands-in-fl\/hilton-7\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1-e1515596814413.jpg\" data-orig-size=\"1333,1000\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Beata Lorincz&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1515601891&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Hilton Melbourne Rialto Place\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hilton Melbourne Rialto Place &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1-e1515596814413.jpg?w=1024\" class=\"wp-image-1004203192 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1-e1515596814413.jpg\" alt=\"Hilton Melbourne Rialto Place \" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1-e1515596814413.jpg 1333w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1-e1515596814413.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1-e1515596814413.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/Hilton1-e1515596814413.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004203192\" class=\"wp-caption-text\">Hilton Melbourne Rialto Place<\/p><\/div>\n<p>The Buccini\/Pollin Group (BPG) has acquired the 238-key Hilton Melbourne Rialto Place in Melbourne, Fla. PM Hotel Group, a Washington, D.C.-based hotel management company will operate the asset.<\/p>\n<p>Located less than one mile from Orlando Melbourne International Airport, the property is the only full-service, first-class hotel in the mainland market. The site is also in\u00a0close to the Space Coast industrial base, the beach and youth sports centers.<\/p>\n<p>The hotel has undergone a recent, $5 million upgrade. With more than 12,000 square feet of function space, the property is a popular meeting and event location in the region.<\/p>\n<h2>Recreational\u00a0attractions<\/h2>\n<p><em>\u201cBPG\u2019s recent acquisition of the beautifully renovated Hilton Melbourne Rialto Place reflects the continued success of our strategy of acquiring newly renovated, premier-branded, full-service hotels in key business markets across the U.S.,\u201d<\/em> said Dave Pollin, co-founder of BPG, in a prepared statement.<\/p>\n<p>Amenities at Hilton Melbourne Rialto Place include:<\/p>\n<ul>\n<li>business center<\/li>\n<li>bar<\/li>\n<li>pavilion lounge<\/li>\n<li>laundry\/valet service<\/li>\n<li>basketball court<\/li>\n<li>fitness room<\/li>\n<li>pool<\/li>\n<li>tennis court<\/li>\n<\/ul>\n<p>\u00a0<em>\u201cWith strong marketing and management, we believe this hotel has excellent upside. We now own and operate\u00a026 hotels with several other acquisitions and development projects in the works,\u201d <\/em>added Pollin, in prepared remarks.<\/p>\n<p>In September last year, BPG\u00a0broke ground on\u00a0Virgin Hotels Nashville, a <a href=\"https:\/\/www.commercialsearch.com\/news\/virgin-hotels-breaks-ground-in-music-city\/\">240-key lifestyle property<\/a> slated to open in 2019.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Buccini\/Pollin Group has purchased Hilton Melbourne Rialto Place in Melbourne, Fla. The recently renovated, 238-key hotel includes a business center.<\/p>\n","protected":false},"author":739,"featured_media":1004506771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,21783,21742],"tags":[38829,33658,34285],"class_list":["post-1004203189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-investment","category-latest","tag-dave-pollin","tag-hilton-hotels-resorts","tag-the-buccinipollin-group"],"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>Hilton Melbourne Rialto Place Changes Hands in FL - 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\/hilton-melbourne-rialto-place-changes-hands-in-fl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hilton Melbourne Rialto Place Changes Hands in FL\" \/>\n<meta property=\"og:description\" content=\"The Buccini\/Pollin Group has purchased Hilton Melbourne Rialto Place in Melbourne, Fla. The recently renovated, 238-key hotel includes a business center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hilton-melbourne-rialto-place-changes-hands-in-fl\/\" \/>\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=\"2018-01-10T22:56:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:06:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Hilton1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1623\" \/>\n\t<meta property=\"og:image:height\" content=\"1034\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beata Lorincz\" \/>\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\\\/hilton-melbourne-rialto-place-changes-hands-in-fl\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hilton-melbourne-rialto-place-changes-hands-in-fl\\\/\"},\"author\":{\"name\":\"Beata Lorincz\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/23f841021ddf3b38ebc56abefe1d6004\"},\"headline\":\"Hilton Melbourne Rialto Place Changes Hands in FL\",\"datePublished\":\"2018-01-10T22:56:02+00:00\",\"dateModified\":\"2022-12-09T00:06:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hilton-melbourne-rialto-place-changes-hands-in-fl\\\/\"},\"wordCount\":246,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hilton-melbourne-rialto-place-changes-hands-in-fl\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Hilton1.jpg\",\"keywords\":[\"Dave Pollin\",\"Hilton Hotels &amp; 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