MIAMI—Hilton Garden Inn and Homewood Suites by Hilton at the Miami International Airport have secured $38 million in financing. Jonathan Rice of the CBRE Hotels|Finance Team and David Borge of the CBRE Capital Markets Debt & Equity Finance Team were the exclusive financial advisors to Economos Properties, which owns the hotels.

Built in 2008, the 189-room Hilton Garden Inn and the 124-room Homewood Suites are located at the intersection of the Palmetto Expressway and Northwest 36th Street. That's less than one mile from the Miami International Airport, 1.5 miles from the world famous Doral Golf Resort, and about 10 miles from the Miami Cruise Port.

Ackman-Ziff Real Estate Group's Miami office arranged more than $100 million in debt for the acquisition and renovation of the former Trump International Hotel & Tower in Fort Lauderdale Beach. CFLB, which purchased the hotel-condo asset for $115 million, has immediate plans to convert the property to a Conrad Hilton.