CBRE Hotels Arranges Off-Market Sale Of South Beach Hotel

Feb 08, 2018 No Comments by

CBRE Hotels arranged the sale of The Hall South Beach, located at 1500 Collins Avenue in Miami Beach.

A Spanish conglomerate purchased the hotel from Rockwood Capital.

CBRE’s Paul Weimer and Christian Charre arranged the sale on behalf of the seller.

 

“The Hall is a unique property in a very good location, and this transaction again proves that Miami continues to attract investors from around the world” said Paul Weimer, senior vice president at CBRE Hotels.

The 163-room hotel is in the heart of South Beach’s Art Deco district. Built in 1940, The Hall building was designed by famed architect L. Murray Dixon. The property features a courtyard with an indoor/outdoor restaurant, beer garden, library, bar and swimming pool. Lincoln Road, Ocean Drive, and Española Way are all within a two-block radius.  The Seller had recently completed a major renovation, significantly improving the property.

CBRE Hotels is a specialized advisory group within CBRE providing advisory, asset management, capital markets, investment sales, research and valuation services to companies in the hotel sector. CBRE Hotels is comprised of over 385 dedicated hospitality professionals located in 60 offices across the globe.

 

 

————————-

Get the latest industry news and information from CRE-sources delivered right to your email inbox!
And we promise…no more than one email each morning.

CLICK HERE TO SUBSCRIBE TODAY!

 

Go Ahead...Share!
  • email
  • Facebook
  • LinkedIn
  • Twitter
  • Add to favorites
  • Print
Industry News, NA
No Responses to “CBRE Hotels Arranges Off-Market Sale Of South Beach Hotel”

Leave a Reply