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| Former Trump International Hotel and Tower Fort Lauderdale 551 North Fort Lauderdale Beach Boulevard, Fort Lauderdale, FL |
FORT LAUDERDALE, FL – Dec. 20, 2013 – CFLB Partnership, LLC
announced the purchase has been finalized December 19 of the former Trump
International Hotel and Tower Fort Lauderdale, a 24-story oceanfront
property located at 551 N. Fort Lauderdale Beach Boulevard.
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| Peggy Olin Fucci |
“We are excited to
rebrand this property as the new Conrad Fort Lauderdale Beach Residences and
officially begin sales for studio, one-, two-, three- or four-bedroom
residences,” said Peggy Olin Fucci, president and CEO of One World
Properties, which is handling sales and marketing of the property’s residences.
“The property is undergoing more than $30 million in
enhancements and luxury upgrades – and with listings at approximately 40
percent less than the original pre-2009 prices, condominium resort and hotel
residences at the Conrad Fort Lauderdale Beach Residences offer
outstanding value compared to beachfront condominiums for sale in Miami.”
CFLB Partnership, LLC purchased the 490,595 square-foot
property from 551 North FLB Marketing, LLC for $115 million.
For a complete copy of the company’s news release, please
contact:
Jane Grant
+1 954-776-1999, ext. 224
Lauren Simo
Pierson Grant Public Relations
6301 Northwest 5th Way, Suite 2600
Fort Lauderdale, FL
33309
phone: (954) 776-1999
ext. 238
fax: (954) 776-0290
954-749-7200.
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