AD1 scores construction loan for Dania Beach Hilton

2018/09/12 1:00pm

115-key hotel is being developed near Kimco's Dania Pointe project

Rendering of Tru by Hilton hotel in Dania Beach and Daniel Berman AD1 Global

AD1 Global Hospitality just scored a $13.7 million construction loan for a Tru by Hilton hotel in Dania Beach.

Ocean Bank, one of South Florida’s largest banks with more than $3.8 billion in assets, is providing the financing for the six-story, 115-key hotel at 44 North Federal Highway. AD1 Global just broke ground on the project, which is near Kimco Realty Corp.’s 102-acre Dania Pointe development.

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