City National Bank of Florida Provides $33M Refi on Fort Lauderdale Hotel

Developer Tom Assouline has sealed a $33 million loan to refinance a hotel property in Fort Lauderdale, Fla., Commercial Observer has learned. City National Bank of Florida supplied the two-year loan for the Garden Hotel & Resort, according to Institutional Property Advisors (IPA) Capital Markets, which negotiated the debt. IPA, a subsidiary of Marcus & […]