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Kawa Completes Ground Lease Acquisition of Florida Property
February 4, 2021 GMT
MIAMI (BUSINESS WIRE) Feb 4, 2021
Kawa, an investment manager with $1.6 billion in assets under management, has acquired the ground lease of a seven-story, 434-room hotel on over 16 acres outside of Orlando. Kawa closed the ground lease transaction with an affiliate of AD1 Global. Jose Sasson-Lerner & Roberto Susi of Axiom Capital Advisors served as brokers for the transaction. Further financial details were not disclosed.
“Kawa’s approach finds value in truly differentiated assets,” said Daniel Ades, Kawa’s Managing Partner and Chief Investment Officer. “Our substantial experience originating ground leases through a variety of structures has driven our continued growth in the strategy.”
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