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>> HOTEL Latest News

OCT 25, 2013 - Washington Business Journal

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Florida Community Bank funds $15M for new Miami hotel

A new hotel will rise in Miami, thanks to a $14.6 million loan from Florida Community Bank. The Weston-based bank recently extended the mortgage to MIA LeJeune LLC, an affiliate of North Carolina-based Concord Hospitality Enterprises Co. The company filed plans with the county for a 135-room hotel. It bought the 1.1-acre site at 3549 LeJeune Road for $2 million in August 2012. Concord Hospitality owns more than 90 hotels under multiple brands nationwide.

Tags: Florida Community Bank funds $15M for new Miami hotel,  Hotel Latest News