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Aztec Group Arranges $42 Million Construction Financing for Concord Hospitality’s Marriott Autograph Collection Hotel in West Palm Beach, FL

Aztec Group | May 31, 2018

Miami – May 31, 2018 – Aztec Group announced today that the firm has arranged $42 million in financing for the development of a new luxury Marriott Autograph Collection Hotel along the Intercoastal in downtown West Palm Beach, Fla. Boaz Ashbel, Managing Director of Aztec Group, organized the financing through Florida Community Bank, N.A. ("FCB") on behalf of the hotel's owner and operator, Concord Hospitality Enterprises Company. The hotel will offer 208 guestrooms, a full-service restaurant, state-of-the-art fitness center, more than 4,000 square feet of meeting space, surface structured parking and a rooftop swimming pool ...

Concord Aztec Brickell LLC and Hyatt to Open New Build Hyatt Centric Brickell Miami Q3 2017

The Hyatt Centric Experience | March 30, 2017

CHICAGO-March 30, 2017-Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with Concord Aztec Brickell LLC for Hyatt Centric Brickell Miami, located at 1101 Brickell Ave. in the center of Miami's thriving financial and business district. Concord Aztec Brickell LLC is a joint venture comprised of Aztec Group and Concord Hospitality, which will manage the hotel. Hyatt Centric Brickell Miami is expected to conclude construction and open in Q3 2017. As with all Hyatt Centric hotels, Hyatt Centric Brickell Miami will place guests in the heart of the action, providing an ideal launc...

Aztec Group Arranges $14.2M Re-Financing for the Marriott Courtyard Hotel in Raleigh, North Carolina

Aztec Group Inc. | June 6, 2016

Miami, Florida -- Aztec Group, Inc., Florida's leading real estate investment and merchant banking firm for the past 34 years, is pleased to announce that Managing Director, Boaz Ashbel, has arranged a $14.2 million refinance loan for the Courtyard by Marriott Hotel in Raleigh, North Carolina on behalf of Concord Hospitality Enterprises Company ("Concord"). The non-recourse loan was placed with a community bank and was very competitively priced. The hotel features 109 guestrooms, bistro, terrace lounge with fireplace, market, business center, meeting space, indoor climate-controlled pool, and fitness center. It is located with...

Aztec Group Arranges $75.1M Financing for the InterContinental Hotel in Kansas City, Missouri

Aztec Group | January 26, 2016

Miami, Florida -- Aztec Group, Inc., Florida's leading real estate investment and merchant banking firm for the past 34 years, is pleased to announce that Senior Managing Director, Boaz Ashbel, has arranged a $75.1 million first mortgage loan for the InterContinental Hotel in Kansas City, Missouri on behalf of The Procaccianti Group ("TPG"). The loan was placed with Deutsche Bank. Formerly a Ritz-Carlton and a Fairmont, the InterContinental Hotel Kansas City is an impressive 12-story, 366-room, full-service hotel. The institutional-quality asset and winner of the AAA Four Diamond Award for 22 consecutive years, offers an upsca...

Aztec Group and Concord Hospitality Open 135-Room Hyatt Place Miami Airport-East

Hyatt Place | November 13, 2015

CHICAGO (November 13, 2015) – Hyatt Place Miami Airport-East is the newest Hyatt-branded hotel to officially open in Miami, Fla. The hotel brings the Hyatt Place brand's intuitive design, casual atmosphere and practical amenities to the Miami area. Hyatt Place Miami Airport-East is ideally located for business and leisure travelers, as it is less than one mile from the entrance to Miami International Airport and just over five miles from the Port of Miami, the world's largest cruise terminal. Guests traveling through the Miami International Airport will have access to the hotel's shuttle service, which will be available 24/7. "We ...

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