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
How VantageScore 4.0 is expanding opportunity in wholesale lending
The mortgage industry’s AI problem is not what you think it is
‘Magical’ New York A-Frame With Secret Gardens and ‘Breathtaking’ Walls of Glass Is Listed for $1.7 Million
The Orchard House: This Seven Bedroom Montana Home Feels Like Summer In France
South Florida Dirt: Opposition mounts to Florida’s proposed property tax amendment
16-Acre Ultimate ‘Glamping’ House Tucked Between the Berkshires and Catskills Lists for $4.6 Million
Outer Banks Beach Cottage That Has Been ‘Lifted Out of Flood Zone’ Is Listed for Under $350K
Miami’s Hottest New Luxury Neighborhood Banks on Walkability and Retail, Not Beaches
How the Shotgun Home Went From Affordable Southern Staple to an Endangered Design Gem
Inventory edges slightly higher year over year as rates rise
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131