Assouline Capital And Busch Real Estate Acquire Hotel At 3010 Collins Avenue In Miami Beach For $33M | 3010 Collins Avenue | Max Ralby | Hotel | Sale

Summary

Sale

FLORIDA

Hotel

Assouline Capital and Busch Real Estate have acquired a hotel property located at 3010 Collins Avenue in Miami Beach. The seller, 3010 Collins LLC, was represented by Simon Nemni. The transaction was facilitated with a loan from MSD Partners.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $33,000,000
Address: 3010 Collins Avenue
Market: Miami Beach

The buyer, Assouline Capital, was represented by Tom Assouline. August "Gussie" Busch of Busch Real Estate also played a key role in the acquisition. The lender, MSD Partners, provided funding for the transaction. Max Ralby from HKS Real Estate Advisors acted as the broker in this deal.

Notable individuals involved in the transaction include August "Gussie" Busch and Michael Dell, who were present in a photo shared on Instagram. The hotel property comprises a total of 110 keys and has a price per key of $300,000.

Players

All
2

Agents
1
Agencies
1

Max Ralby

Associate Director

$51.9M Sold

Newmark

Details

Deal Summary

SOLD

IMAGE: August “Gussie” Busch & Michael Dell DATE: 09/22/2022 ADDRESS: 3010 Collins Avenue MARKET: Miami Beach ASSET TYPE: Hotel BUYER: Assouline Capital (@AssoulineCapital) - Tom Assouline; Busch Real Estate - August “Gussie” Busch (@GussieBusch) SELLER: 3010 Collins LLC - Simon Nemni LENDER: MSD Partners - Michael Dell (@MichaelDell) BROKER : Max Ralby - HKS Real Estate Advisors (@HKSRealEstateAdvisors) SALE PRICE: $33,000,000 KEYS: 110 ~ PPK: $300,000

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Address3010 Collins Avenue

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