New owners of Fort Lauderdale Beach hotel project score $52M loan

New owners of Fort Lauderdale Beach hotel project score $52M loan

Magna Hospitality Group’s Robert Indeglia and the Las Olas Resort

Magna Hospitality bought the property out of bankruptcy in August

The new owners of an embattled Fort Lauderdale Beach hotel project just secured a $51.5 million loan to complete construction of the building.


https://therealdeal.com/miami/2018/11/30/new-owners-of-fort-lauderdale-beach-hotel-project-score-52m-loan/

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