Bloom Hotels Acquires 6060 Resort In Miami Beach From Integra Investments & Activate Hospitality For $23.5M

Integra Investments and Activate Hospitality, led by Victor Ballestas and Sagar Desai respectively, have sold the 6060 Resort in Miami Beach for a total of $23,500,000. The property, located at 6060 Indian Creek, is a Hotel / Condo-Hotel and consists of 82 keys. The price per key stands at approximately $286,585. The buyer of the property is Bloom Hotels, while JLL acted as the broker for this transaction.

Summary of transaction details:

• Property Type: Hotel / Condo-Hotel
• Transaction Amount: $23,500,000
• Address: 6060 Indian Creek
• Market: Miami Beach
• Seller: Integra Investments & Activate Hospitality
• Buyer: Bloom Hotels
• Broker: JLL
• Keys: 82
• Price Per Key: $286,585

The 6060 Resort in Miami Beach, previously owned by Integra Investments and Activate Hospitality, will soon undergo a renovation and be rebranded under Hilton's soft-brand collection.