AWH Partners, LLC in Partnership with The Lane Organization, Announces The Completion and Opening of Waterstone Resort & Marina -- A DoubleTree by Hilton Awarded Development of the Year from Hilton

BOCA RATON, Fla., May 28, 2014 /PRNewswire/ -- AWH Partners, LLC, a privately held real estate investment, development and management firm, in partnership with The Lane Organization announces the recent recognition as a 2014 'Development of the Year' from DoubleTree by Hilton for the newly opened Waterstone Resort & Marina – A DoubleTree by Hilton in Boca Raton, Fla. Formerly Boca Bridge Hotel, the 139 room Waterstone Resort & Marina has completed a renovation of more than $10 million, offering a distinct waterfront experience on the Intracoastal Waterway of the east coast of South Florida.

"We are thrilled to have finished this complicated redevelopment of a brand new resort with a new marina, two restaurants, meeting and event space,' says Russ Flicker, principal of AWH Partners. "The creative design and functionality of the resort, combined with location and amenities genuinely makes this resort an incredibly special addition to South Florida."

AWH Partners purchased Boca Raton Bridge Hotel in 2012. Supporting the ownership group, Spire Hospitality, the management subsidiary of AWH Partners, is managing the resort and assisted with its renovation. With a strategy of repositioning the hotel in the market, AWH Partners saw the purchase and reinvention of Boca Bridge Hotel as an opportunity to leverage its expertise as a value-add investor.

"We are humbled to be recognized as the 2014 Development of the Year from the DoubleTree brand. Out of all the new DoubleTree products worldwide, this designation is thanks to our vision and execution of creating something truly special and unexpected," says Chad Cooley, principal of AWH Partners. "This is a great honor that our entire team is very proud of."

"With the first of its kind dock-to-dine waterfront dining service for boaters in Boca Raton, Waterstone offers two outstanding waterfront restaurants, Boca Landing and Waterstone Bar & Grill, both located on the resort's waterfront promenade overlooking Lake Boca and the entry to the Atlantic Ocean," says Jonathon Rosenfeld, principal of AWH Partners.

Waterstone Resort & Marina presents a contemporary design concept that seamlessly marries water and stone artistic elements. Employing custom-made furnishings and glimmering artwork that work to blend opulent, Boca Raton style with breezy, sophisticated coastal design, Waterstone Resort & Marina takes advantage of a unique waterfront location while each guestroom has a private balcony with panoramic waterfront views.

Marketing to both business and leisure transient guests, featuring a versatile floor plan that encourages social interaction both indoors and out, Waterstone Resort & Marina presents intimate meeting space and robust event space, including a top floor ballroom with floor-to-ceiling glass overlooking water on every side. Renovations to the resort include a 270-foot seawall and dock flanking the property's perimeters, allowing diners and hotel guests to arrive by boat.

Centered upon a bold redesign and new name that celebrates its distinctive waterside location, Waterstone Resort & Marina – A DoubleTree by Hilton is located among pristine beaches, championship golf courses, world-class dining, upscale shopping at the Boca Raton Town Center, Mizner Park and village-style shopping in downtown Boca Raton.

For more information on AWH Partners and a full list of hotels and real estate assets, please visit www.awhpartners.com.

About AWH Partners, LLC
AWH Partners, LLC ("AWH") is a privately held real estate investment, development and management firm formed in partnership between Russ Flicker, Jon Rosenfeld and Chad Cooley. Since 2010, AWH and its principals have completed in excess of $400 million of hotel investments, and are managing or have completed hotel redevelopment projects totaling more than $100 million. In early 2012, AWH acquired Lane Hospitality, a top-tier national hospitality platform formed in 1980, to expand AWH's capabilities in the hospitality sector by aligning its institutional investment expertise with Lane's first class operating platform and industry-leading executive team. In May of 2013, AWH rebranded Lane: Spire Hospitality. For more information, visit www.awhpartners.com.

About The Lane Organization LLC 
The Lane Organization LLC ("Lane Organization") was founded by Clifford P. Lane and his son Matthew in 2011. Focusing on luxury hotels, the Lane Organization enters into cities to reposition assets and team up with management firms who can assimilate to their locations while standing out amongst the competition. The Lane Organization emphasizes building strong partnerships while maintaining the company's core ideas, beliefs, and values to ensure the success of all of its properties. For more information please visit www.thelaneorganization.com.

About Spire Hospitality
Spire Hospitality, based in Chicago, Ill., is a third-party operator of hotels including unique independents and across celebrated brands such as Hilton Hotels & Resorts, (IHG) InterContinental Hotels Group and (MAR) Marriott International. Spire Hospitality offers expertise in all facets of hospitality management and is committed to preserving, protecting and enhancing the value of hotel real estate. For more information, visit www.spirehotels.com.

About DoubleTree by Hilton
With a fast-growing, global collection of more than 370 upscale hotels in gateway cities, metropolitan areas and vacation destinations across six continents, every little thing we do at DoubleTree by Hilton inspires us to create a rewarding experience for our hotel guests, our team members and the communities we proudly serve. Our hospitality begins with a warm chocolate chip cookie welcome upon arrival and continues with the award-winning Hilton HHonors guest loyalty program, an array of fine services and amenities and our longstanding CARE Culture tradition that empowers more than 45,000 team members to provide the special comforts and acts of kindness that make the traveler feel human again.
To make reservations at any DoubleTree by Hilton hotel, travelers may visit our brand website at www.doubletree.com. Social media users may connect with us at www.facebook.com/doubletree, www.twitter.com/doubletree and www.youtube.com/doubletreehotels. For the latest news, story starters and fact sheets about our brand, reporters and bloggers may visit our DoubleTree by Hilton Global Media Center at news.doubletree.com.

Press Contact: The Mayfield Group
Autumn Barnes Mayfield
850.421.9007 o / 850.443.2212 c                                                                            [email protected]

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SOURCE AWH Partners, LLC