hrec arranges sale of la playa resort & suites release la playa be… · hrec arranges sale of...

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PAUL SEXTON Senior Vice President 407.963.4840 [email protected] For addition information on the property, please contact: Visit HREC’s website at www.hrec.com HREC ARRANGES SALE OF LA PLAYA RESORT & SUITES Daytona Beach, Florida (Denver, Colorado; Orlando, Florida; Maimi, Florida) – HREC Investment Advisors is pleased to announce it has arranged the sale of the 239-guestroom La Playa Resort located in Daytona Beach, Florida. HREC Investment Advisors represented the seller during the transaction. The sale was negotiated by Paul Sexton, Senior Vice President, in the Orlando office and Ted Anka, Vice President, in the Miami office. The Hotel is located directly on the beach along Hwy A1A (Florida’s Atlantic Ocean-hugging costal road) in the heart of the Daytona Beach tourism corridor – which includes the Daytona Beach Main Street Pier, the Ocean Center, and the Daytona Beach Boardwalk, along with any number of food and beverage establishments. Access to the property from I-95 is afforded via multiple bridges, including the West Granada Boulevard bridge (to the north) and the International Speedway Boulevard bridge (to the south). ABOUT HREC: HREC® is the nation’s leading lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting including market studies, and litigation support. With 17 offices throughout North America, HREC® is distinguished by unwavering commitment to client service and success through its team approach, intellectual capital and hotel/casino specialization. TED ANKA Vice President 312.925.2738 [email protected] ASHLEY HUNT Director of Marketing 303-267-0057 [email protected]

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Page 1: HREC ARRANGES SALE OF LA PLAYA RESORT & SUITES Release La Playa Be… · HREC ARRANGES SALE OF LA PLAYA RESORT & SUITES Daytona Beach, Florida (Denver, Colorado; Orlando, Florida;

PAUL SEXTON Senior Vice President

407.963.4840 [email protected]

For addition information on the property, please contact:

Visit HREC’s website at www.hrec.com

HREC ARRANGES SALE OF LA PLAYA RESORT & SUITES Daytona Beach, Florida

(Denver, Colorado; Orlando, Florida; Maimi, Florida) – HREC Investment Advisors is pleased to announce it has arranged the sale of the 239-guestroom La Playa Resort located in Daytona Beach, Florida.

HREC Investment Advisors represented the seller during the transaction. The sale was negotiated by Paul Sexton, Senior Vice President, in the Orlando office and Ted Anka, Vice President, in the Miami office.

The Hotel is located directly on the beach along Hwy A1A (Florida’s Atlantic Ocean-hugging costal road) in the heart of the Daytona Beach tourism corridor – which includes the Daytona Beach Main Street Pier, the Ocean Center, and the Daytona Beach Boardwalk, along with any number of food and beverage establishments. Access to the property from I-95 is afforded via multiple bridges, including the West Granada Boulevard bridge (to the north) and the International Speedway Boulevard bridge (to the south).

ABOUT HREC:

HREC® is the nation’s leading lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting including market studies, and litigation support. With 17 offices throughout North America, HREC® is distinguished by unwavering commitment to client service and success through its team approach, intellectual capital and hotel/casino specialization.

TED ANKA Vice President 312.925.2738

[email protected]

ASHLEY HUNT Director of Marketing

303-267-0057 [email protected]