Deer Valley Resort Sale Closes

Through this transaction, Deer Valley Resort is now part of a portfolio of 13 resorts with more than seven million skier visits, 22,000 skier acres, and significant land available for real estate development.
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AVANI to Open Two Hotels in Tunisia

Scheduled to open in the coming months, AVANI Les Berges Du Lac Tunis Suites will be located in Les Berges du Lac II, a prime commercial, residential and diplomatic area in the Tunisian Capital. In addition and currently in its design phase, AVANI Gammarth Tunis Resort & Spa is expected to open in 2021 and will offer 250 keys in a prime beachfront location.
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Courtyard by Marriott To Be Developed in Alpharetta, Georgia

Alex. Brown Realty, Inc. (ABR) and Hotel Development Partners (HDP) have announced plans to develop a 115-room Courtyard by Marriott in Alpharetta, Georgia. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $7.2 million in the joint venture. Financing for the project will be provided by the Bank of North Georgia, a division of Synovus Bank.
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