web analytics
skip to Main Content

Map of the 5 Most Expensive Per Room Miami Hotel Sales

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.

    I will never spam you or share your information. I promise.
    0 0 votes
    Article Rating
    11 Comments
    Oldest
    Newest Most Voted
    Inline Feedbacks
    View all comments
    trackback
    2 years ago

    Viagra generico http://vilbihed.strikingly.com/

    Info clearly considered..

    trackback
    2 years ago

    5 mg viagra coupon printable http://viagravipsale.com/

    Seriously many of beneficial tips!

    trackback

    canadadrugs http://www.buylevitraa.com/

    Nicely put. Thanks a lot.

    trackback
    2 years ago

    most reliable canadian pharmacies http://www.viagravonline.com/

    You said it nicely..

    trackback
    2 years ago

    trust pharmacy canada http://www.viagraessale.com/

    Great data. With thanks!

    trackback
    2 years ago

    canadian drug store http://www.viagrayosale.com/

    Kudos! Quite a lot of facts!

    trackback

    canadian pharmacy world http://canadianorderpharmacy.com/

    Valuable information. Many thanks!

    trackback
    2 years ago

    canadian government approved pharmacies http://babecolate.com/

    Kudos! Ample forum posts!

    trackback
    2 years ago

    list of reputable canadian pharmacies http://babecolate.com/

    Effectively voiced really. .

    trackback

    canadian pharmacy http://canadianpharmacyes.com/

    You actually expressed that very well.

    trackback

    canadian drug http://withoutadoctor.viagraiy.com/

    Thanks a lot, Quite a lot of content!

    Contact Ana

    Stay Informed

    Receive Miami Real Estate Reports and updates as they are published. Max email frequency is once per week.

      I will never spam you or share your information.
      Back To Top