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Sep072012

AWH Partners Acquires Boca Raton Bridge Hotel

BOCA RATON, Fla. and NEW YORK (September 5, 2012) - AWH Partners, LLC (AWH) -- a joint venture of Winston Harton Holdings, LLC (WHH) and August Group Ventures, LLC (AGV) -- in partnership with The Lane Organization, LLC today announced the acquisition and planned reinvention of the Boca Raton Bridge Hotel, the waterfront boutique hotel in which every room presents water views, ideally located on the Intracoastal Waterway among pristine beaches, champion golf courses and world-class shopping and dining in Boca Raton. The seller and transaction price were not disclosed. 
  
“This purchase represents our continued belief that hotel repositionings in strong submarkets offer huge opportunities for value-add investing.” said Russ Flicker, principal of AWH Partners. “Our past experience in Boca Raton was extremely positive; we love the market and look forward to putting together a seasoned team of designers and consultants to completely transform the hotel into a premier South Florida experience.” more >>>

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