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Wells Fargo Bank provides $35M construction loan for Norwich Partners’ AC Hotel by Marriott in Aventura – South Florida Business Journal

The developer of the AC Hotel by Marriott in Aventura obtained a $35 million construction loan.

Wells Fargo Bank awarded the mortgage to Norwich Aventura II, an affiliate of Sanibel-based Norwich Partners of Florida led by David Leatherwood. It acquired the 1.9-acre site at 20805 Biscayne Blvd. for $9.4 million in December 2014.

Source: www.bizjournals.com

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