Before and after: The Ramada Inn has been transformed into a new four-story garden-style community with 251 rental units and 5,522 square feet of commercial space in Hialeah. Distressed Property Trend: Defunct Hotel Transformation Complete in Hialeah
The Estate Cos., a multifamily developer in South Florida, has finished converting a former Ramada Inn into a rental community that it says serves as a model for how to successfully convert a distressed site.
November 15, 2022 at 04:47 PM
3 minute read
Commercial Real Estate
As real estate developers and investors look for opportunities to reposition distressed properties and transform assets into multifamily units as demand for rentals goes up, one South Florida developer is the latest example of applying adaptive reuse and repositioning a hospitality site in Hialeah.
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