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| Waldorf Astoria Naples, Naples, FL |
TAMPA, FL – HFF announced today that
it has closed the sale of the Waldorf Astoria Naples, a 474-room luxury
resort, and the 18-hole Naples Grande Golf Course in Naples,
Florida.
HFF marketed the property on behalf of the seller,
an affiliate of Blackstone. An
affiliate of Northwood Investors purchased the hotel and the golf course. Northwood will continue to operate the hotel
with a Waldorf Astoria brand affiliation.
Originally known as the Registry Resort,
Blackstone acquired the property as part of its 2004 acquisition of Wayne
Huizenga’s Boca Resorts Inc., which also included the legendary Boca Raton
Resort and the Edgewater Beach Resort, among other assets.
The resort has 474 guestrooms
including 29 gulf view suites and 50 bungalow suites plus more than 100,000
square feet of meeting and event space.
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| Max Comess |
Every room features a private,
angled balcony with direct views of the Gulf.
Guests of the hotel have access to six on-site restaurants and bars,
three heated outdoor pools with a 100-foot waterslide, a full-service luxury
spa, 8,000-square-foot fitness center, business center and an award-winning
tennis facility.
The property is surrounded by 20
acres of a protected mangrove estuary intertwined with a system of bridges and
elevated walking paths that afford access to three miles of beachfront on the
Gulf of Mexico.
The property is also immediately
proximate to the renowned Waterside Shoppes, Southwest Florida’s most
luxurious shopping mall.
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| Paul Hsu |
The Naples Grande Golf Course is a
highly-acclaimed, Rees Jones-designed private course located minutes from the
hotel. The 18-hole, par 72 course
features 6,955 yards set among a lush landscape of native Florida pine
hammocks, live oak, grand cypress trees, and brilliant water features.
Originally completed in 2000, the course has
been named one of North America’s “Top 100 Resort Courses” by Golfweek Magazine
and named one of the “Top 50 Courses in Florida” with a 4.5 out of 5 star
ranking by Golf Magazine.
The HFF investment sales team representing the
seller was led by senior managing director and head of HFF’s Hotel Group, Daniel
C. Peek, directors Max Comess and Paul Hsu, and senior
hospitality analysts Alexandra Lalos and Cyrus Vazifdar.
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| Alexandra Lalos |
“The market for Florida oceanfront resorts is not
only back, it’s thriving at a level that we have not seen since 2006 or 2007,”
noted Peek. “The story is not just
about Miami anymore— investors and lenders are competing to enter all of the
resort markets across the state.”
Florida welcomed a record number of visitors during
the second quarter, according to the most recent estimates released by Visit
Florida, the state’s official tourism marketing corporation.
From April through June this year, 23.4
million people visited the state, an increase of 2.6 percent over the same
period in 2012. The numbers include
19.7 million domestic visitors (+1.6% over 2012), 2.7 million overseas visitors
(+9.3%) and 1 million Canadian arrivals (+4.9%).
For a complete copy of the
company’s news release, please contact:
Kristen M. Murphy
Associate
Director
HFF | One Post
Office Square, Suite 3500 | Boston, MA 02109
Main:
617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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