Friday, March 26, 2010

Four Seasons hotel in Miami sold for $30M

Downtown Miami's Four Seasons hotel has sold for $30 million, according to a new report.<p/> Condo Vultures, a brokerage that focuses on distressed sales, reports that a New York group bought the hotel component of the 70-story high-rise on Brickell Avenue, which also includes condominiums, office space and a spa. The deal apparently was for the hotel portion alone. http://bit.ly/d6pJw0

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