265-room all-suites Hotel at the heart of the $350mm Plantation Walk mixed-use development and down the street from HCA Florida Westside, a 250+ bed regional hospital
Market-Leading, Recently Renovated, Premium-Branded Hotel in Fort Lauderdale-Plantation, Florida
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Investment Highlights
PROPERTY SUMMary
265
Rooms
GALLERY
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit www.berkadia.com/licensing.
Charles Foschini
Senior Managing Director
305.267.6608
charles.foschini@berkadia.com
KYLE STEVENSON
Managing Director
786.646.2591
kyle.stevenson@berkadia.com
investment sales
mortgage banking
Miami Office
1111 Brickell Avenue
Suite 1650
Miami, FL 33131
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Sheraton Suites Fort Lauderdale Plantation
Irreplaceable prime location in the heart of a 1.5 million SF luxurious mixed-use development
The thoughtfully designed units at The Aver offer contemporary finishes, gourmet kitchens fitted with smart fridges, and a washer/dryer in every unit. Community amenities include surface parking, bike storage, ground-floor retail space, and immediate access to the 23-mile Charles River Pathway.
Recent $9.3 million revitalizing interior renovation unleashing a new luxury standard
Up-branding flexibility and unique value add opportunities
Market leading hotel within a top national RevPAR growth market
Submarket with limited supply and no competitive hotels under development
1990
Opened
2021
Renovated
11,592 SF
Meeting Space
1.4 AC
Site Area
Fee Simple / Non-Union
Ownership / Labor
Unencumbered
Management
On-site
full-service restaurant (83 seats),
Starbucks, Bar & Lounge, Convenience Store
Food & Beverage
Rooftop Pool, Hot Tub, Gift Shop,
Business Center, Fitness Center,
Dry Cleaning Service, Sauna,
VIP Sheraton Club Lounge
Amenities
Robert Iudice
Associate Director
786.646.2588
robert.iudice@berkadia.com
JOHN TESTERMAN
Senior Director
919.436.2793
john.testerman@berkadia.com
HARRY M. MANCERA
Senior Financial Analyst
786.646.2583
harry.mancera@berkadia.com
LARISSA ISENBERG
Senior Financial Analyst
602.997.3817
larissa.isenberg@berkadia.com
Submarket with limited supply and no competitive hotels under development
Sheraton Suites
Fort Lauderdale Plantation
Location
LOCATION