ORLANDO, FL – Monarch Alternative Capital LP has reached an agreement to purchase the 400-room, Crowne Plaza Orlando Universal Boulevard hotel in Orlando, FL.
The hotel was auctioned by Universal Towers Construction Inc. through a Section 363 sale process, as part of the debtor's Chapter 11 restructuring.
The full-service, upscale hotel first opened in 2002 and generated consistent class flow, prior to the pandemic.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
