ad1 global
Access Point Financial Partners With AD1 Global to Finance the Development of Hyatt Place and Home2 Suites in Palm Bay
Access Point Financial | January 7, 2020
Leading hospitality industry lender selected to finance dual properties for new Florida development partnership, citing reliability and flexibility ATLANTA – January 7, 2020 – Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, has signed an agreement with top hotel development and management firm, AD1 Global Hospitality, to finance the development of a Hyatt Place and Home2 Suites by Hilton located in Palm Bay, Florida. Access Point Financial provided $26.8 million in financing for the development of the hotels, with $15 million for the 106-room ...
AD1 Global Acquires Residence Inn by Marriott Hartford Avon
AD1 Global | December 26, 2019
AD1 Global, a fast-growing hospitality company located in Florida, recently announced the purchase of the Residence Inn by Marriott Hartford Avon. This additional hotel brings AD1 Global’s growing portfolio to 22 properties and is the first one that the company has acquired in the northeast U.S. “We’re very excited to be branching out and purchasing properties in the northeast,” said AD1 Global President Daniel Berman. “This asset is a great addition to our portfolio and I’m very grateful for the smooth transition we’ve had.” Located on Simsbury Road in Avon, Connecticut, the 100-room hotel is just a short drive from ...
AD1 Global’s Candlewood Suites Fort Myers-Sanibel Gateway to Unveil Newly Renovated Hotel
AD1 Global | June 19, 2019
Hollywood, FL, June 19, 2019 -- AD1 Global’s Candlewood Suites Fort Myers-Sanibel Gateway is ready to unveil their newly renovated extended-stay hotel. After a full year of renovations, the property’s public spaces and condo-style guest rooms featuring full kitchens are ready for guests to enjoy. “We’re excited to finally show everyone what our team has been working hard on for the past year,” said AD1 Global President Daniel Berman. “We’ve completely transformed and updated this property to bring maximum comfort and satisfaction to our guests.” The hotel underwent a full renovation (as per IHG’s brand standards) that ...
AD1 Global Acquires Courtyard by Marriott Myrtle Beach Barefoot Landing
AD1 Global | June 19, 2018
Hollywood, FL, June 19, 2018 -- AD1 Global, a hotel investment, acquisition and development company announced the purchase of the Courtyard by Marriott Myrtle Beach Barefoot Landing. This is the second hotel the company has acquired in June. "We are expanding our portfolio by targeting acquisitions in strategic markets," said Alex Fridzon, AD1 Global CFO. "These recent investments presented a unique opportunity to acquire well-known brand hotels in fantastic locations. We are very excited." The 157-room Courtyard by Marriott Myrtle Beach Barefoot Landing hotel is located in the heart of the Grand Strand, one of the nation's most po...
AD1 Global Commences Renovation on the Wyndham Garden Tallahassee Capitol
AD1 Global | April 23, 2018
AD1 Global announced today that it has begun renovating the Wyndham Garden Tallahassee Capitol. The multi-million-dollar projects began two weeks ago and is slated to be complete in September. "We are doing it in phases," said Chief Operations Officer Gilberto Sanchez. "We hope to finish the first floor in May and then we start the second and third floor right after that." The renovations are meant to reflect the new Wyndham Garden prototype which emphasizes guest comfortability and usability. "The Wyndham Garden properties are typically located in business, airport, and suburban areas. The design philosophy is to offer a tasteful, inti...
AD1 Global, ASI Global and EB5 Florida Hotels to Break Ground on 120-Room Fairfield Inn & Suites in Tamarac, Florida
AD1 Global | March 8, 2018
AD1 Global, Tamarac elected officials and co-developers ASI Global and EB5 Florida Hotels are holding an official ground breaking ceremony on March 19th at the Colony West Golf Club to commemorate the new Fairfield Inn. The new 120-room Fairfield Inn & Suites by Marriott, located at 6800 NW 88th Ave, which will include a pool and splash pad, will be another amenity for the city to offer its visitors. The project also entails the construction of a clubhouse, banquet facilities and golf cart barn. "We are proud to be a partner of the great city of Tamarac," said Daniel Berman, AD1 Global President. "We believe this project will have a...
AD1 Global Completes Multi-Million Dollar Renovation of the Holiday Inn Viera-Melbourne, Florida
AD1 Global | February 22, 2018
AD1 Global, a South-Florida based hospitality development and management company, has completed a multi-million-dollar renovation of the Holiday Inn Viera-Melbourne. The comprehensive property-wide renovation featured a complete revamp of the guestrooms and inviting public spaces to provide sleek, contemporary furnishings, as well as modern interior design. The landscaping and exterior setting was also enhanced to showcase the property's stunning Florida scenery. State-of-the-art Tesla and electric car-charging stations were also installed to accommodate environmentally friendly guests. "The extensive renovation underscores our ability ...
AD1 Global Acquires Three Florida Hotels
AD1 Global | October 23, 2017
Hollywood, FL, October 23, 2017 -- It seems hotel companies have been busy acquiring properties lately, focused - not surprisingly - on location. AD1 Global, an award-winning South-Florida hotel investment company, has been particularly busy in this regard, adding three hotels in a month to their expanding portfolio – 2 of them in the hot Orlando market and 1 in the state's capitol. And it's not only AD1 Global that sees a bright future for Orlando, and Florida in general. The privately funded Brightline high-speed rail company announced a week ago that is has begun work on a $2 billion-dollar project to connect Miami to Orlando, ...
