Business
JFB Construction Holdings Announces Commencement of Construction of Courtyard by Marriott in Melbourne, Fla.
Anticipated revenues of $6.2 million in 2026 for conversion and remodel ofCourtyard by Marriott Lantana, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, announces that it will commence immediate construction to develop a project for Marriott Hotels in Melbourne, Florida. The project is a conversion and remodel of an existing Holiday Inn to a Courtyard by Marriott in Melbou
About this update from Jfb Construction Holdings
[{"type":"image","alt":"JFB Construction Holdings","displaySize":"","headline":null,"caption":"JFB Construction Holdings","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":260,"url":"https://media.zenfs.com/en/globenewswire.com/fa3c514305532705eaf8be1d6d580724"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZqIlZ5rVCzaa60mYRHAg8Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTM2NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/fa3c514305532705eaf8be1d6d580724","width":300,"height":260}},"lazy":false},{"type":"text","content":"Anticipated revenues of $6.2 million in 2026 for conversion and remodel ofCourtyard by Marriott","length":96,"tagName":"p"},{"type":"text","content":"Lantana, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, announces that it will commence immediate construction to develop a project for Marriott Hotels in Melbourne, Florida.","length":300,"tagName":"p"},{"type":"text","content":"The project is a conversion and remodel of an existing Holiday Inn to a Courtyard by Marriott in Melbourne, Florida. The Company anticipates revenue from this project to be approximately $6.2 million during 2026.","length":212,"tagName":"p"},{"type":"text","content":"“In May 2025, we announced that we were awarded a $6.2 million contract to act as General Contractor for this conversion and remodel. We have now secured the necessary permits and the plans have been approved for immediate construction,” said CEO Joseph F. Basile, III. “This is our second project for Marriott Hotels as we continue to be highly recognized in the hospitality development sector. As Courtyard by Marriott is a nationally recognized brand of hotels, we believe this project will lead to a long-term relationship and the opportunity to participate in similar additional projects in the future.”","length":608,"tagName":"p"},{"type":"text","content":"About JFB Construction Holdings","length":31,"tagName":"p"},{"type":"text","content":"JFB Construction Holdings (“JFB”) offers generations of combined experience in residential and commercial construction and development. Having the experience of building multifamily communities, shopping centers, national franchises, exclusive estate & equestrian homes, and over 2 million ...