Going For Broke…

By: Marcus Burke

With news of the Wyndham Hotel Group’s $300 million, 504 unit condo hotel, central Florida is now looking at a total of approximately 17,300 presale units. That’s a lot of inventory. And a lot of risk money. And at this point in time, it’s anyone’s guess whether condotels will be the world of tomorrow - or are already yesterday’s news. But if the concept works anywhere, it’s likely that Orlando’s a a pretty good bet. That’s what I’d say. If I were a betting man.

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