The Plasencia Group Closes Sale of Hilton University of Florida Conference Center Hotel

The Plasencia Group | February 15, 2016

Tampa, Fla. (February 15, 2016) – The Plasencia Group is pleased to announce the sale of the Hilton University of Florida Conference Center Hotel, located in Gainesville, Florida. The firm represented the seller in the sale of the 248-room hotel to Arden Group, a real estate investment firm based in Philadelphia, Pennsylvania. Dennis Reed, Senior Vice President of The Plasencia Group's Southeast region commented, "This was an ideal exchange for both our client and the purchaser. The seller was able to execute on a key strategic initiative, and the buyer was able to acquire a prominent piece of real estate in a strong, university-...