Charles Penan, left, executive vice president and Howard Taft, right, senior managing director with Aztec Group.
This is the second loan in as many years Aztec secures for The Gale Boutique Hotel & Residences.
April 24, 2018 at 12:24 PM
1 minute read
South Florida real estate reporter
Aztec Group Inc. secured a $19.15 million loan for a new Fort Lauderdale hotel that will open on the site of the former Escape hotel after reconstruction that will keep the original 1949 facade.
The two-story, 96-room hotel is part of the larger Gale Boutique Hotel & Residences project that includes a 12-story, 129-unit residential development.
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