Monarch Alternative Capital Grows Orlando Hospitality Portfolio With Acquisition of Three Hotels

Monarch Alternative Capital LP | July 14, 2022

NEW YORK and LONDON, July 14, 2022 -- Monarch Alternative Capital LP, a leading investment firm with approximately $9.4 billion of assets under management, announced the purchase of three hotels in Orlando, Florida. Given the firm's established reputation within the market, Monarch was able to acquire the newly-built, high quality properties located in Orlando submarkets adjacent to Monarch's existing hotels at a discount to replacement cost in off-market transactions. With these acquisitions, Monarch's hospitality portfolio in Orlando now totals approximately 2,000 keys across seven properties. As the Orlando market continues to...