Tishman Acquires Hotel In Orlando For $120.5M With Broker Paul Sexton

The hotel property located at 14651 Chelonia Parkway in Orlando has been sold in a closed transaction. Spanning across 7.33 acres, this hotel asset was recently purchased by Tishman for a sale price of $120,500,000. The transaction took place on 03/28/2022. The property features a total of 400 keys and a price per key (PPK) of $301,250. The sale was facilitated by Paul Sexton from Hospitality Real Estate Counselors (HREC).

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $120,500,000
• Address: 14651 Chelonia Parkway, Orlando
• Market: Orlando
• Acres: 7.33

Leading the deal was Paul Sexton from Hospitality Real Estate Counselors (HREC), serving as the representative for Tishman. Their expertise in the hospitality industry contributed to the successful completion of this transaction.