Banyan Investment Group Announces Sale of Kimpton Goodland Hotel Fort Lauderdale Beach
FORT LAUDERDALE, Florida—Banyan Investment Group announced the sale of the 96-room Kimpton Goodland Hotel Fort Lauderdale Beach in Florida to DiamondRock Hospitality Company for $35.3 million. “Following an extensive market study that led us to believe South Florida travel would rebound quickly, we took a calculated risk and purchased this property in Q4 2020 prior to vaccines being released when travel volumes remained low,” said Andy Chopra, managing partner, Banyan Investment Group. “Our research proved prescient, […]
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