Lender Sells Downtown/Southbank Wyndham at $28k/key

Vantage Hospitality out of Coral Gables closed on their long-anticipated acquisition of the former Wyndham Hotel at 1515 Prudential Drive on the Southbank and is re-branding it to their own Lexington Hotels flag as it undergoes an 18-month renovation.  Karen Brune Mathis of The JAX Daily Record brings us the story on the sale and some planned renovations.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on June 6, 2015, in Downtown, Hotel-Restaurant-Tourism, JAX Daily Record, Transactions and tagged , , . Bookmark the permalink. Leave a comment.

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