Marriott-brand hotel breaks ground in downtown

A Fairfield Inn & Suites, part of the Marriott chain, recently broke ground in downtown Fort Lauderdale. Coral Gables-based Banesco USA awarded a $16.65 million construction loan to LM Hotels, an affiliate of local firm Lucky’s Management led by Sanjaykumar Patel. John R. Elwell Construction Co. recently started building the eight-story project at 30 S.…

CBRE seeks new Florida president

Mary Jo Eaton has accepted a new position at CBRE, meaning the largest commercial real estate brokerage in Florida needs a new leader. CBRE named Eaton president of Florida and Latin America operations in September 2015. She was previously executive managing director for CBRE in Florida. Eaton is now listed on CBRE’s website as global…