Hunter Hotel Advisors advised on the sale of the Courtyard by Marriott Palm Beach Jupiter. Finvarb Group sold the property to Umbrella Point Holdings LLC.
The new buyer plans to renovate the property and retain Marriott International as management company.
Amenities for the four-story hotel include an outdoor pool, fitness center and an on-site dining experience.
Located off I-95, the 128-key hotel sits directly across from Roger Dean Chevrolet Stadium, an expansive professional baseball complex home to the spring training and minor league facilities for both the Florida Marlins and St. Louis Cardinals.
Robert Taylor, EVP, and Sophia Pittaluga, SVP, of Hunter’s Miami office facilitated the transaction.