The Real Deal: Northwood asking $300M for famed Cheeca Lodge hotel in the Florida Keys Northwood asking $300M for famed Cheeca Lodge hotel in the Florida Keys Northwood Investors is seeking potential buyers for Islamorada’s storied Cheeca Lodge & Spa, according to a report by Bloomberg News. The property is expected to command $300 million. Northwood Investors is exploring a sale of Cheeca Lodge & Spa in the Florida Keys as hotel investors chase assets that appeal to affluent vacationers.

Understanding the Context

Florida Keys Weekly Newspapers: INVESTORS OF RENOWNED ISLAMORADA RESORT CAST LINE FOR POTENTIAL BUYERS Bing Crosby, Ted Williams, Jane Woodward and President George H.W. Bush are some of the names who’ve visited Cheeca Lodge in Islamorada through the years. And before Cheeca Lodge, the former Olney Inn ... Bloomberg on MSN: Florida Keys resort, favored by George HW Bush, listed for $300 million Florida Keys resort, favored by George HW Bush, listed for $300 million