Excel Group, a multi - disciplined hotel private equity firm focused on acquiring and developing premium - branded limited - service hotels across the U.S., founded in 2011 and based in Arlington, Virginia, has completed the acquisition of two hotels in Coconut Creek, a friendly city sandwiched between Miami and Palm Beach in Broward County, and part of South Florida’s Fort Lauderdale metropolitan area.
Coconut Creek is well known for its thoughtful design and eco - conscious vibe and offering a variety of attractions in its surroundings including Butterly World, Fern Forest Nature Center and Tradewinds Parks among others.
Excel Group focuses on hotel real estate investments and asset management across the United Staes aiming to make disciplined, cycle - appropriate investment in the hospitality sector, and South Florida tourism industry experienced a robust period, with record - breaking visitor numbers in 2024.
Both hotels are situated near several key demand drivers in Coconut Creek, including two major medical centres, corporate and industrial spaces, sport facilities, and leisure attractions. Both establishments feature 105 rooms, over 1.000 square feet of meeting space, outdoor pools, fitness centres,and communal areas and they are :
The Hampton Inn & Suites Coconut Creek - The hotel opened in 2014 is located at 5740 North State Road, conveniently situated near the Sawgrass Expressway, 5.5 km from Seminoles Springs Casino and 16.7 km from TPC Eagle Grace Golf Club offering an easy access to Boca Raton, Coral Springs, Parkland and Pompano Beach. The hotel recently underwent a comprehensive renovation, updating its rooms and public area furnishing and design.
Residence Inn Fort Lauderdale Coconut Creek - The hotel began operations in 2019, located at 5730 North State Road 7 on the northern edge of the city, off Route 441 and the Sawgrass Expressway, 4.8 km from Seminoles Springs Casino, within 16.0 km from Palm Aire Country Club, Isle of Capri Casino And Race and 19.3 km from Florida Atlantic University.
This move by Excel Group marks its first investment in South Florida in several years, the acquisitions are part of Excel Fund I’s investment strategy reflecting the firm’s interest in capitalizing on the robust tourism, business, and healthcare sectors in the region.
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