Largo-based Equity Management Partners has paid $9.25 million to acquire the Hawthorn Suites by Wyndham Orlando. It’s located off International drive at 7975 Canada Ave., across the street from the future Skyplex project. Purchased at auction, the 176 room property is an extended-stay hotel that boasts in-room kitchens and separate living areas and bedrooms. The seller, Miami Beach-based LNR Partners LLC., was represented by Paul Sexton and Scott Stephens of HREC Investment Advisors in Orlando. “We are investing in that area. Universal has all kinds of goals for that area and that helped make the property unique to us,” stated Ben Mallah, principal and founder of Equity Management Partners.
