Canadian Investor Buys Two Hotels in Palm Beach County for More Than $48M
Wednesday, October 21, 2026 · first reported by Commercial Observer
Brasswater has bought two Hampton Inn hotels in Palm Beach County, Florida, from Hospitality Investors Trust for more than $48 million combined, according to property records cited by Commercial Observer. The larger deal, at least $29 million, covers the 164-room Hampton Inn & Suites Boynton Beach. The 110-room Hampton Inn West Palm Beach Florida Turnpike went for more than $19 million.
Axonic Capital provided $42.2 million of debt backing both hotels. Hospitality Investors Trust had paid a combined $43.6 million for the pair in 2015.
- Firm
- Brasswater
- Also named
- Hospitality Investors Trust, Axonic Capital
- Deal value
- $48M
- Asset class
- Real estate
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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