CIM Group closes $63.87m loans on two Florida hotels
CIM Group has closed a $34.97m senior loan to a joint venture in Orlando and a $28.9m whole loan to an investment in Tampa.
19 September 2023
19 September 2023
CIM Group has closed a $34.97m senior loan to a joint venture in Orlando and a $28.9m whole loan to an investment in Tampa.
Designed by Zaha Hadid Architects, the hotel offers distinctive guestrooms, diverse dining options and excellent amenities.
Bilt Rewards has partnered with platform Awayz for thousands of reward stays across hotel partner programmes.
The project marks the first new major hotel construction in the area in approximately two decades.
Capture inbound enquiries from sector-specific, high-intent buyers who are actively seeking your products and services through Buyer’s Guides.
Large travel and tourism organizations have begun exploring use cases for the metaverse following the devastating impact of the pandemic. Current applications either focus on digital marketing campaigns with real-world rewards for consumers, creating immersive experiences on-site for digitally savvy consumers through AR and VR metaverses, or improving operational efficiency through digital twin technology. However, its adoption by smaller operators will remain limited until use cases are affordable and provide a guaranteed ROI.
Give your business an edge with our leading industry insights.