News: Brokerage

Rockwood reps seller in sale of 245-key hotel

Rockwood Real Estate Advisors, a full-service real estate investment banking firm, announced the sale of the Holiday Inn Orlando-University of Central Florida, a 245-key hotel. Rockwood represented an undisclosed seller in the sale of the hotel to Alena Hospitality UCF, LLC. The Holiday Inn Orlando-University of Central Florida was constructed in 1987 and occupies nine acres of land. The hotel is located at the main gate of the University of Central Florida, which is the second largest university in the nation with over 59,000 students. The Hospitality Team at Rockwood has closed 19 transactions year-to-date in 2013 and has nine additional transactions scheduled to close within the next 30 days.
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