Hotel Equities, F&F begin development on Florida Staybridge Suites

When it opens, the property will be located at 4901 Griffin Road in Davie, Fla.

Hotel Equities and F&F broke ground recently on a new-build Staybridge Suites by IHG at 4901 Griffin Road in Davie, Fla. Construction is underway for the hotel, with completion expected in late 2018. Hotel Equities serves as the management company for the property.

Amin and Ramzan Gulamali, principals with F&F, the owners and developers of the hotel, welcomed special guests to the event.  

“We at F&F seek strategic partnerships that advance our mission to provide nothing less than excellent hospitality to our patrons,” Amin Gulamali, principal with F&F, said in a statement. “Thus, our work with Hotel Equities, a management firm that has experience in operations and sales, is intentional. We know that our alliance will ensure the hotel’s success.” 

“As we continue to expand our Florida portfolio, it is important to ensure that we partner with the right owners and brands,” Joe Reardon, SVP of business development and marketing for Hotel Equities, said in a statement. “We are excited to work with this dynamic ownership group and their three new hotel assets in the Florida market. The location in Davie offers extended stay demand from a dynamic mix of businesses, events and attractions that will bring guests to our hotel year-round.  Our award-winning guest service and management expertise will deliver value to our owners and guests alike."

Dignitaries attending the groundbreaking event included the honorable Judy Paul, mayor of the town of Davie; Caryl Hattan, Davie council member; and Zahra Hayat, president of the Ismali Council for Florida. Christina Khan, director of sales for the Residence Inn by Marriott Miami Beach/Surfside, Fla., represented Hotel Equities.

Hotel Equities is an Atlanta-based full-service hotel ownership, management and development firm operating more than 100 hotels throughout North America.  Frederick W. Cerrone serves as founder and chairman of the company, while Brad Rahinsky serves as president and CEO.