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prima:The Wave Hotel in Condado will be remodeled with a million-dollar loan from Nave Bank

The emerging Puerto Rican bank approved a $7 million loan for the hotel to complete its renovation plan, which includes changing the hotel brand

July 23, 2025 - 2:00 PM

In addition to the physical renovation, the property located in Condado will be the first hotel in Latin America to be signed under the Garner brand of IHG Hotels & Resorts. (Suministrada)

The Wave Hotel at Condado, in San Juan, has begun a renovation plan that will require an investment of at least $9.5 million, an amount that was secured after the approval of a million-dollar loan granted by the Puerto Rican bank Nave Bank.

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