US-based real estate investment company Genesis US Properties has secured a $40.89m first lien construction loan from HALL Structured Finance (HSF) to build the new Hotel Indigo in Fort Lauderdale, Florida.
The upcoming Hotel Indigo in Fort Lauderdale will be an eight-storey, 144-room hotel with a four-level parking garage offering 109 parking spaces.
The hotel will feature a restaurant and bar, outdoor swimming pool, fitness centre, meeting space, business centre, VIP lounge, and a mini market.
Situated along Florida’s southeastern coast, Fort Lauderdale forms part of the Miami metropolitan area. According to HSF, the city serves as a “major hub for tourism, trade, and marine industries”.
The hotel’s location offers proximity to Fort Lauderdale-Hollywood International Airport, Broward County Convention Centre, Port Everglades cruise terminals, and the Fort Lauderdale Brightline Station.
HSF vice-president Brad Ferguson said: “Hotel Indigo in Fort Lauderdale is located in a high-demand market with strong hospitality fundamentals.
“With site work underway and foundations being poured, this marks a significant milestone in bringing a high-quality asset to one of Florida’s most dynamic tourism markets.”
Genesis US Properties manages a portfolio spanning residential and commercial developments across South Florida.
Hotel Indigo is an IHG Hotels & Resorts brand, with aims to double its portfolio in the span from 2027 to 2029.
In March, IHG unveiled plans to launch the Hotel Indigo brand in the Balearic Islands with a new 75-room property, which is scheduled to open in mid-2026.
