{"id":785504,"date":"2022-05-11T08:03:17","date_gmt":"2022-05-11T06:03:17","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/banyan-investment-group-completes-sale-of-96-room-kimpton-goodland-hotel-ft-lauderdale-beach-resulting-in-49-irr-for-investors\/"},"modified":"2023-07-10T19:59:21","modified_gmt":"2023-07-10T17:59:21","slug":"banyan-investment-group-completes-sale-of-96-room-kimpton-goodland-hotel-ft-lauderdale-beach-resulting-in-49-irr-for-investors","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/banyan-investment-group-completes-sale-of-96-room-kimpton-goodland-hotel-ft-lauderdale-beach-resulting-in-49-irr-for-investors\/","title":{"rendered":"Banyan Investment Group Completes Sale of 96-Room Kimpton Goodland Hotel Ft. Lauderdale Beach, Resulting in 49% IRR for Investors"},"content":{"rendered":"FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Banyan Investment Group (BIG), an Inc. 5000-recognized, hotel investment company that acquires hotels in the United States, today announced the sale of the 96-room Kimpton Goodland Hotel Fort Lauderdale Beach in Fla., to DiamondRock Hospitality Company for $35.3 million.\n\n\n\n\u201cFollowing an extensive market study that led us to believe South Florida travel would rebound quickly, we took a calculated risk and purchased this property in Q420, prior to vaccines being released when travel volumes remained low,\u201d said Andy Chopra, managing partner, Banyan Investment Group. \u201cOur research proved prescient, as evidenced by the fact that we were approached by DiamondRock with a price well above our original p<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>FT. LAUDERDALE, Fla.&#8211;(BUSINESS WIRE)&#8211;Banyan Investment Group (BIG), an Inc. 5000-recognized, hotel investment company that acquires hotels in the United States, today announced the sale of the 96-room Kimpton Goodland Hotel Fort Lauderdale Beach in Fla., to DiamondRock Hospitality Company for $35.3 million. \u201cFollowing an extensive market study that led us to believe South Florida travel [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-785504","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Banyan Investment Group Completes Sale of 96-Room Kimpton Goodland Hotel Ft. 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LAUDERDALE, Fla.--(BUSINESS WIRE)--Banyan Investment Group (BIG), an Inc. 5000-recognized, hotel investment company that acquires hotels in the United States, today announced the sale of the 96-room Kimpton Goodland Hotel Fort Lauderdale Beach in Fla., to DiamondRock Hospitality Company for $35.3 million. \u201cFollowing an extensive market study that led us to believe South Florida travel [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/banyan-investment-group-completes-sale-of-96-room-kimpton-goodland-hotel-ft-lauderdale-beach-resulting-in-49-irr-for-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-11T06:03:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T17:59:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"olomaster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"olomaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/banyan-investment-group-completes-sale-of-96-room-kimpton-goodland-hotel-ft-lauderdale-beach-resulting-in-49-irr-for-investors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/banyan-investment-group-completes-sale-of-96-room-kimpton-goodland-hotel-ft-lauderdale-beach-resulting-in-49-irr-for-investors\/\"},\"author\":{\"name\":\"olomaster\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/person\/f3523ef027b0af56aa28725439cc9518\"},\"headline\":\"Banyan Investment Group Completes Sale of 96-Room Kimpton Goodland Hotel Ft. 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