A Tru by Hilton hotel has broken ground in Dania Beach, near Fort Lauderdale-Hollywood International Airport.
Miami-based Ocean Bank provided a $13.7 million construction loan to Dania Airport Hotels LLC, an affiliate of Hollywood-based AD1 Global, led by President Jose Daniel Berman. Axilla Capital’s Joel Mazur and Tom Fleming represented the borrower in securing the two-year, interest-only mortgage.
The 115-room hotel will rise six stories at 44 N. Federal Highway, which is just south of the airport and also close to Port Everglades. It’s just north of Dania Beach Boulevard, which leads to the ocean.
“Tru by Hilton is an emerging hotel brand that has gathered substantial momentum,” Fleming said. “Dania Beach is an expanding market, and the hotel boasts a great location.”
The hotel will include wall-mounted TVs, platform beds with storage space below, signature “the Hive” lobby with 24-hour food and drinks available, a fitness center and a pool.
Market Construction Group is the general contractor. It was designed by DLW Architects.
By Brian Bandell – Senior Reporter, South Florida Business Journal
Article Published Sep 12, 2018
