Carlton Markets Eight-State Asset Pool

NEW YORK CITY-Carlton Exchange has been retained to auction more than $300 million of hospitality, multifamily, office, retail and land assets located mainly in Florida, says Howard Michaels, chairman of the Carlton Group. The remainder of the assets are located in California, Virginia, Missouri, Mississippi, Nevada, South Carolina and Tennessee.

In a release, Carlton calls the asset sale, which it’s conducting on behalf of an undisclosed client, an opportunity “to acquire cash flowing hospitality, multifamily, office and retail assets. There are also well-located and highly desirable land assets being offered which are situated in excellent locations near major tourist destinations.”

Among the assets up for auction is Grenelefe Resort, described as 593 built condominiums with tennis resort and two 18-hole golf courses on the Shores of Lake Marion in central Florida. There are also an operating 500-key Ramada hotel located near Walt Disney World in Orlando, a 73-acre resort development entitled for retail, residential and commercial uses in the Orlando suburb of Kissimmee and a 140-acre resort development site near the entrance to Walt Disney World Resort, among other assets. On the West Coast, the assets include 560,000 square feet of approved development rights in Anaheim Gardenwalk at the entrance to the Magic Kingdom in Anaheim, CA.