MIAMI, Florida—The Kabani Lodge Group introduced the sale of the La Playa Lodge redevelopment in Daytona Seaside, Florida. The property is a 10-story constructing that, on the time of sale, was utterly gutted and able to be redeveloped into a brand new lodge.
“Via our advertising and marketing course of, we had over 150 CAs signed and a number of provides. Finally, we had been in a position to safe a take care of a neighborhood purchaser who had the required expertise to undertake a mission like this and supply the vendor with certainty of closing. We want the patrons all the very best on this new endeavor and are assured that, given the oceanfront location of this mission and their expertise, the upcoming lodge can be an incredible success,” stated a consultant from Kabani Lodge Group.
Ahmed Kabani, Luis Garino, and Suraj Dalal, funding specialists, Kabani Lodge Group, represented the vendor, 2500 NORTH ATLANTIC AVE LLC, and the customer, PRM Lodge Group, on this transaction.
The property is a concrete construction that was an working lodge. Inbuilt 1984, the property was gutted to be redeveloped by the vendor, however the mission by no means moved ahead.
