Blackstone buys 352-key East Miami hotel at Brickell City Centre
Blackstone bought the 352-key East Miami hotel at Brickell City Centre. Funds affiliated with New York-based Blackstone bought the 40-story hotel at 788 Brickell Plaza in Miami from funds managed by Honolulu, Hawaii-based Trinity Investments and New York-based Certares, according to the sellers’ news release. The price wasn’t disclosed. East Miami is home to rooftop venue Sugar and also has 89 serviced apartments. The sale marks the second time the hotel has traded in the past four years. In 2021, Trinity and Certares bought East Miami for $174 million from the developer, Swire Properties. Deeds recorded for that sale show […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Ryder Cup Set To Be Cash Cow for Bethpage Locals Who Are Renting Out Homes—and Even Driveways—to Visiting Fans
Future of Hulk Hogan’s $11 Million Mansion in Doubt as Wrestler’s Will Shines Light on Bitter Family Rift
Blackstone buys 352-key East Miami hotel at Brickell City Centre
Mango’s Tropical Café owner David Wallack sells Morningside home for record $16M
‘The View’ Host Whoopi Goldberg Says She ‘Can’t Afford’ To Retire Because She Didn’t ‘Marry Well’—Despite Her Very Lucrative Real Estate Portfolio
Air India CEO says carrier embracing 'new normal' of safety focus after deadly crash
Arizona Home Being Raffled Off for $10 Violates State’s Gambling Laws
Toll Brothers pays $20M for shuttered Parkland golf course planned for 52 homes
How a National Housing Emergency Could Open More Doors for First-Time Buyers
PICTURED: $3.8 Million New Jersey Mansion Where Sydney Sweeney and Amanda Seyfried Are Filming New Thriller ‘The Housemaid’
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131