Stylish Boutique Hotel Opening Summer 2019 | The Ray in Delray Beach

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THE REAL DEAL – MENIN DEVELOPMENT BORROWS $72M TO BUILD BOUTIQUE HOTEL IN DOWNTOWN DELRAY

South Florida real estate developer Menin Development landed a $72 million loan to finance construction of The Ray, a 141-room hotel planned in downtown Delray Beach.Madison Realty Capital provided the 24-month construction loan with extension options.Hilton will manage The Ray and fold the boutique hotel into its Curio Collection brand.The Ray will feature a 20,000-square-foot…

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CBS12 – ENVIRONMENTALLY FRIENDLY HOTEL TO OPEN IN 2021

DELRAY BEACH, Fla. (CBS12) — An environmentally friendly hotel is set to open in Palm Beach County. Developers broke ground on the ray hotel this morning in Delray Beach. The hotel will feature tropical modernism architecture, meaning living walls, rooftop gardens and large scale sculptures. Guests will be able to enjoy a rooftop pool deck…

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