Ocean Properties buys out Zota Beach Resort partner

Rockwood Capital had provided funding for two dozen hotels beginning in 2007

  • By Kevin McQuaid
  • | 6:00 a.m. March 20, 2020
COURTESY PHOTO— Ocean Properties' rebranded the former Longboat Key Hilton in 2017 as the Zota Beach Resort, with the addition of 84 new rooms and amenities.
COURTESY PHOTO— Ocean Properties' rebranded the former Longboat Key Hilton in 2017 as the Zota Beach Resort, with the addition of 84 new rooms and amenities.
  • Commercial Real Estate
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Ocean Properties Hotels & Resorts has bought out its financial partner in a Longboat Key resort, a sign of its confidence in the Gulf Coast hospitality market going forward.

 

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