Hawk’s Cay Resort in the Florida Keys
|Miami, Florida -- Aztec
Group, Inc., Florida's leading real estate investment and merchant banking
firm based in Miami, is pleased to announce that Aztec has arranged the
sale of Hawk’s Cay Resort, located at Mile Marker 61 on Duck Key, Florida.
“Hawk’s Cay is an irreplaceable property in one of the highest barrier to entry markets in the Nation. Northview’s plan to reposition and brand Hawk’s Cay will enable it to become the premier destination resort in the Florida Keys,” commented Boaz Ashbel, Aztec’s Managing Director who structured the transaction.
The Florida Keys hotel transaction market continues to be strong due to a limited supply of product, constraints on new development, and the emergence of the Florida Keys as a luxury destination. The sale of Hawk’s Cay Resort is among a handful of large-scale Florida Keys resorts purchased by national real estate companies.
|Also See:||Aztec Group Arranges the Sale of the Hampton Inn & Suites Ft. Lauderdale - Airport in Hollywood, Florida / May 2006|
|Aztec Group Arranges the Sale of the Stirling Suites (Formerly SpringHill Suites – Fort Lauderdale Airport) in Dania Beach, Florida / May 2006|
|Aztec Group, Inc. Arranges the $12 Million Sale of the Comfort Inn Airport/Cruise Port South, Hollywood, Florida / February 2006|
|Aztec Arranges $20 million for Condo-Hotel Redevelopment Financing for the Breakwater and Edison Condo/Hotels in the Historic Art Deco District of South Beach / October 2005|
|Aztec Group, Inc., Arranges $28 million in Sale and Financing of the Doubletree Resort Orlando – Villas at Maingate in Kissimmee, Florida / August 2005|
|Aztec Arranges the Historic Sale of World-Famous Fontainebleau Hotel, A Miami Beach Landmark / June 2005|
|Aztec Group Places $21 million Bridge Loan on the Breakwater/Edison Hotels on Miami Beach / October 2004|