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525 South Fort Lauderdale B...

Updated Sep 4, 2026

Tom Gilbane, Aric Shalev, And Patrick Ryan Of Rockpoint Acquire Hotel Maren Fort Lauderdale For $47.1M
SOLDHotel

Tom Gilbane, Aric Shalev, And Patrick Ryan Of Rockpoint Acquire Hotel Maren Fort Lauderdale For $47.1M

525 South Fort Lauderdale Beach Boulevard

$47,100,000

Building Size

—

Asset Type

Hotel

Closing

Sep 3, 2026

About this deal

AI

The property asset involved in the transaction is a hotel located at 525 South Fort Lauderdale Beach Boulevard, Fort Lauderdale, FL. The hotel spans 0.8 acres and features 141 keys. It was sold for a transaction amount of $47,100,000, resulting in a price per key of $334,043.

Summary of transaction details:

Rockpoint and Newbond Holdings acquired the hotel, known as Hotel Maren Fort Lauderdale, which is part of the Curio Collection by Hilton and was built in 2021. The transaction was facilitated to implement targeted upgrades to the hotel’s food-and-beverage operations and public areas, aiming to enhance its standing in the Fort Lauderdale Beach market.

On the Map

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$47,100,000

Hotel

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Players

Neil Luthra

Newbond Holdings

Buyer

$1.1B

vol

7 deals

Buyer

Robert Indeglia

Magna Hospitality Group

Seller

$531.2M

vol

6 deals

Seller
AC
Athene Annuity & Life CompanyLender
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Lauderdale Beach Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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