Excel Group has acquired the adjacent Hampton Inn & Suites Coconut Creek and Residence Inn Fort Lauderdale Coconut Creek hotels in Coconut Creek, FL. The acquisitions of these properties are the company’s first in South Florida in several years and are investments of Excel Fund I.
Opened in 2014 and 2019, respectively, the Hampton Inn and Residence Inn both feature 105 guestrooms and more than 1,000 square feet of meeting spaces, as well as outdoor pools, fitness centers and communal amenity areas. The hotels are located in the vicinity of key demand drivers in Coconut Creek, including two major medical centers, significant corporate and industrial space, sports facilities and the Seminole Casino. The Hampton Inn just completed a comprehensive renovation that incorporated all new guestroom and public area furnishings and design…