Florida-based Consolidated-Tomoka Land Co. announced Thursday the pay off of its $14.5 million first mortgage loan secured by the Sheraton Old San Juan Hotel at a discount of approximately $218,000.
A new $3 million boutique hotel — Hotel Decanter — recently opened in Old San Juan, adding to the historic city’s roster of options of places to stay.
Old San Juan's urban topography is about to undergo a slight tweaking over the next couple of years.