1. Vice Tower --> renamed, xMiami Address: 230 NE 4th St, Miami, FL Status: topped off,…
Map of the 5 Most Expensive Per Room Miami Hotel Sales
[wpgmza id=”2″]
1. Ritz Carlton Key Biscayne
Address: 455 Grand Bay Drive
Sold: $325M in 2015 = $1,069,536 /key
Largest transaction of 2015.
Built: 2011
keys: 302
Buyer: Carey Watermark (REIT)
Note: purchase was for majority stake. Purchase involved debt assumption and a recapitalization deal with a 5.2% cap rate with the developer, Gencom Group. After Gencom recapitalized, Carey Watermark controlled 60% of the asset.
2. St. Regis Bal Harbour
Address: 9703 Collins Avenue
Sold: $213M in 2014 =$1,024,038 /key
Built: 2012
keys: 208
Buyer: Al Rayyan Tourism Development Company
3. SLS South Beach
Address: 1701 Collins Avenue
Sold: $125M in 2015 = $880,282/key
Built: 1939
keys: 142
Buyer: Golden Peaks Capital
4. Miami Beach Edition
Address: 2901 Collins Avenue
Sold: 230M in 2015 = $782,313 /key
Built: 2010
Keys: 294
Buyer: ADIA
5. James Royal Palm
Address: 1545 Collins Avenue
Sold: $278M in 2015 = $698,492 /key
Built: 1990s
keys: 398
Buyer: Chesapeake Lodging Trust (REIT)
Contact me for off market hotel deals.
I also work with buyer, so contact me if you are looking to sell a hotel asset.
Related Posts
Comments (11)
Comments are closed.
Viagra generico http://vilbihed.strikingly.com/
Info clearly considered..
5 mg viagra coupon printable http://viagravipsale.com/
Seriously many of beneficial tips!
canadadrugs http://www.buylevitraa.com/
Nicely put. Thanks a lot.
most reliable canadian pharmacies http://www.viagravonline.com/
You said it nicely..
trust pharmacy canada http://www.viagraessale.com/
Great data. With thanks!
canadian drug store http://www.viagrayosale.com/
Kudos! Quite a lot of facts!
canadian pharmacy world http://canadianorderpharmacy.com/
Valuable information. Many thanks!
canadian government approved pharmacies http://babecolate.com/
Kudos! Ample forum posts!
list of reputable canadian pharmacies http://babecolate.com/
Effectively voiced really. .
canadian pharmacy http://canadianpharmacyes.com/
You actually expressed that very well.
canadian drug http://withoutadoctor.viagraiy.com/
Thanks a lot, Quite a lot of content!