Northwood asking $300M for famed Cheeca Lodge hotel in the Florida Keys
Trophy-fishing season is open in the Florida Keys, with Northwood Investors casting a $300 million line for the famed Cheeca Lodge & Spa in Islamorada. Northwood, led by former Blackstone titan John Kukral, tapped JLL to reel in a buyer for the 250-room resort, Bloomberg reported, citing anonymous sources. Cheeca Lodge, at 81801 Overseas Highway, spans 27 acres. It was founded 60 years ago by an heir to the A&P grocery fortune, and it became a vacation magnet for cultural icons of the mid-20th Century, such as baseball hall-of-famer Ted Williams and movie star Paul Newman. It was famously the […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Rich forever? Why top developers, brokers are still all in Miami despite risks, challenges

Former Trump advisor reportedly walked away from two Palm Beach County megamansion deals

Why didn’t the strong jobs report send mortgage rates skyrocketing?

Welltower buys five nursing homes in $208M spree amid senior housing boom

Ryan Serhant Reveals the Turning Point That Made Him a Real Estate Star—and How He Thinks Agents Can Cash In on AI

Opendoor says it’s behind schedule but plans to catch up by 2027

CP Group, Georgetown buy back Boca’s Mizner Park in joint venture, with room for improvements

‘We Started Buying Real Estate To Help Those in Need—and Built a Portfolio Worth Millions in the Process’

Kourtney Kardashian Slams ‘Fabricated’ Rumors That She Doesn’t Live With Travis Barker and Shares ‘Really Vulnerable’ Renovation of Calabasas Home

Progress Residential to pay $49.8M to settle FTC, state claims over rental practices
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
