News: Brokerage

AWH Partners unveils opening of Boca Raton's Waterstone Resort

AWH Partners, LLC, a privately held real estate investment, development and management firm, in partnership with The Lane Organization revealed the recent recognition as a 2014 'Development of the Year' from DoubleTree by Hilton for the newly opened Waterstone Resort & Marina - A DoubleTree by Hilton. Formerly Boca Bridge Hotel, the 139-room Waterstone Resort & Marina has completed a renovation of more than $10 million. "We are thrilled to have finished this complicated redevelopment of a brand new resort with a new marina, two restaurants, meeting and event space,' said Russ Flicker, principal of AWH Partners. "The creative design and functionality of the resort, combined with location and amenities genuinely makes this resort an incredibly special addition to South Florida." AWH Partners purchased Boca Raton Bridge Hotel in 2012. Supporting the ownership group, Spire Hospitality, the management subsidiary of AWH Partners, is managing the resort and assisted with its renovation. With a strategy of repositioning the hotel in the market, AWH Partners saw the purchase and reinvention of Boca Bridge Hotel as an opportunity to leverage its expertise as a value-add investor. "We are humbled to be recognized as the 2014 Development of the Year from the DoubleTree brand. Out of all the new DoubleTree products worldwide, this designation is thanks to our vision and execution of creating something truly special and unexpected," said Chad Cooley, principal of AWH Partners. "This is a great honor that our entire team is very proud of." "With the first of its kind dock-to-dine waterfront dining service for boaters in Boca Raton, Waterstone offers two outstanding waterfront restaurants, Boca Landing and Waterstone Bar & Grill, both located on the resort's waterfront promenade overlooking Lake Boca and the entry to the Atlantic Ocean," said Jonathon Rosenfeld, principal of AWH Partners. Waterstone Resort & Marina presents a contemporary design concept that seamlessly marries water and stone artistic elements. Employing custom-made furnishings and glimmering artwork that work to blend opulent, Boca Raton style with breezy, sophisticated coastal design, Waterstone Resort & Marina takes advantage of a unique waterfront location while each guestroom has a private balcony with panoramic waterfront views. Marketing to both business and leisure transient guests, featuring a versatile floor plan that encourages social interaction both indoors and out, Waterstone Resort & Marina presents intimate meeting space and robust event space, including a top floor ballroom with floor-to-ceiling glass overlooking water on every side. Renovations to the resort include a 270-foot seawall and dock flanking the property's perimeters, allowing diners and hotel guests to arrive by boat.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent