Hotel Online  Special Report

Intergroupís Tandy O. Lofland Arranges Equity and Management
for Florida To-be-built Sheraton Prototype

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June 5, 2006  - Tandy O. Lofland, president of the Intergroup Companies, announced the recent completion of his firmís latest assignment Ė arranging equity and management for the 159-unit Sheraton prototype to be developed at a prime location in south Jacksonville, FL.  To be owned and developed by a venture including Deerfield Hospitality Properties, LLC and Driftwood Hospitality Management, the 5-story hotel will be among the first of a new generation of Sheratons with newly designed rooms, commercial areas, and technologies. 

Features will include a Shulaís 347 steakhouse and three thousand square feet of flexible meeting space. 

Along with the hotelís many corporate and institutional demand generators, the Sheraton will be the closest full-service hotel to the Mayo Clinic and the rapidly expanding University of North Florida. 

Since 1980 Intergroup has developed or participated in hospitality and commercial properties in the U.S., Latin America, the Caribbean, and Europe, with an emphasis on full-service, first-class and luxury hotels, resorts, and mixed-use developments involving such hotel brands as Four Seasons, Hilton, Sheraton, Hyatt, Holiday Inn, Crowne Plaza, Radisson, Homewood Suites, and Hampton Inn. 

Intergroupís properties and projects number almost 100 with a total value of well over $1 billion. 

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Contact:

Tandy O. Lofland
President
Intergroup
950 Echo Lane, Suite 352
Houston, TX  77024
(713) 973-2130 
(713) 973-2133 Fax 
tandy@intergroupcompanies.com
www.intergroupcompanies.com
 

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Also See: Tandy O. Lofland of Intergroup Companies Structures Partnership for Casa del Mar Beach Golf & Spa Resort in Los Cabos, Mexico / April 2006
Intergroup Represents Purchaser in Orlando Hotel Transaction / March 2005
Intergroup Represents Buyer in 377-Room, 2-Hotel Purchase / January 2005
Intergroup Arranges $21 million Sale of 317-room Hilton Knoxville / December 2004
Intergroup Arranges $43,500,000 Sale of 718-room Radisson Resort Near Walt Disney World / September 2004


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