John Silva Purchases Hotel From Pinnacle Investments For $28 Million In Miami

The property asset involved in the transaction is a hotel located at 3401 Northwest 25th Street in Miami. The sale was finalized for a price of $28,000,000, encompassing a total area of 45,000 square feet, which translates to a price per square foot of $622.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $28,000,000
• Address: 3401 Northwest 25th Street
• Market: Miami
• Square Footage: 45,000
• Price Per Square Foot: $622
• Buyer: John Silva
• Seller: Pinnacle Investments
• Broker: Ahmed Kabani - Kabani Hotel Group

This transaction involved key individuals including John Silva, who acted as the buyer, and Pinnacle Investments, the seller of the property. The deal was facilitated by Ahmed Kabani representing the broker agency Kabani Hotel Group during this transaction.