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Florida & Gulf Coast  + Central Florida  + Hospitality  | 
Nella Invest, LLC, has acquired Hotel Melby, Tapestry Collection by Hilton, in Melbourne, FL for $59 million.

Nella Invest Pays $59M for 11-Story Hotel Melby in Melbourne

Nella Invest, LLC, has acquired Hotel Melby, Tapestry Collection by Hilton, in Melbourne, FL for $59 million ($327,778 per key).

Christian Charre, Paul Weimer, Jennifer Jin, and Andrew Pastorino with CBRE represented the seller, a joint venture between Opterra Capital, Willow Street Capital, Duke Hospitality and the LCP Group, in the transaction.

The new 180-key hotel opened in April 2021. The 11-story building features a 360-degree-view rooftop restaurant and bar, a coffee bistro, a fitness center, over 12,000 square feet of flex meeting space and a parking garage.

“As the newest property in a prime location, the Melby is exceptionally well-positioned to become the top performing asset in the market. Located in the heart of downtown Melbourne, the property is the only hotel in the market walking distance to entertainment, dining, and shopping,” said Charre.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition