The Link Hotel on Sunrise
Date acquired: Engaged to Manage 05.2017
Location: 1055 N. Federal Highway, Fort Lauderdale, FL, 33304, USA
Features: SMS contracted to manage 144-room property for an asset management group with foreign investors
This property is a full management contract agreement with a Miami-based company with international investors.
The ownership group purchased the property in 2017 with redevelopment plans to upgrade the asset. SMS Lodging was contracted to manage the property until the renovation was complete.
SMS managed the asset with an average RevPar index of 112 compared against a comp-set of branded properties.
Other projects
The Link Hotel on Sunrise
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DATE ACQUIRED: Engaged to Manage 05.2017
FEATURES: SMS contracted to manage 144-room property for an asset management group with foreign investors
LOCATION: 1055 N. Federal Highway, Fort Lauderdale, FL, 33304, USA
Lord Balfour
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DATE ACQUIRED: 2020
FEATURES: Specialized Services - SMS was contracted to maintain physical asset while closed during Covid period.
LOCATION: 350 Ocean Dr., Miami Beach, FL 33139
Alden Hotel
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DATE ACQUIRED: July 2018
FEATURES: 120 room condo property in Miami Beach sold to a land developer in 2019.
LOCATION: 2925 Indian Creek Dr., Miami Beach, FL 33140
The Beach Club at Peace & Plenty
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DATE ACQUIRED: Sep. 2018
FEATURES: 5 water facing Eco-Cottages and Beach Club and Bar.
LOCATION: Stocking Island, Exuma
Peace & Plenty Resort
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DATE ACQUIRED: Sept. 2018
FEATURES: 32 rooms, restaurant, historic bar, pool, and private boat transportation to the Peace & Plenty Beach Club.
LOCATION: Queen’s Highway Ex 29055, George Town, Exuma, Bahamas
Kahari Resort
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DATE ACQUIRED: Nov 2019
FEATURES: 12 waterfront bungalows, 2 restaurants, and exclusive boat
LOCATION: Exuma, The Bahamas