March 7, 2016 Comments Off on HEI Sells Embassy Suites Orlando for $26M Views: 820 California News, Connecticut, Florida, National News, Northeast, Southeast

HEI Sells Embassy Suites Orlando for $26M

HEI Hotels & Resorts, headquartered in Connecticut, has sold the 167-room Embassy Suites Orlando-Downtown. Paradise America, a foreign buyer, paid $26 million for the property at 191 E. Pine St.

Daniel Peek, Michael Weinberg and Preston Reid with HFF represented the seller in the transaction.

The new owner reportedly plans a “significant property improvement plan” to the asset. BayStar Hotel Group will manage the hotel.

Read More at Orlando Business Journal

Connect with HFF’s Peek and Reid

Connect with HFF’s Weinberg

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