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Client: Midlantic National Bank, Edison, NJ
Property Description:
The Bridge Hotel Camino Real | Boca Raton | 122 room hotel
Assignment Summary: Atlantic Western's staff, acting as the asset managers and advisors to Midlantic, provided comprehensive management and disposition services on this landmark waterfront hotel in Boca Raton. The property was successfully sold on an all cash basis in excess of the asking price, to a northeastern based investment group within six months of assignment.
Client: Midlantic National Bank, Edison, NJ
Property Description:
Sheraton Harbor Place | US 41, Ft. Myers, FL | 422 room hotel and convention facility
Assignment Summary: Atlantic Western's staff, acting as the asset managers and advisors to Midlantic, provided the lead in connection with the syndicated ownership of this prominent hotel facility in Ft. Myers. Following extensive renovations, and management turn-around, the property was successfully sold to a foreign investment group within six months, on an all cash basis.