Ronald Finvarb Purchases Hotel In Bay Harbor Islands For $10,075,000 From Samuel Spiritos

The property asset involved in the transaction is a hotel located at 9660 E Bay Harbor Dr in the Bay Harbor Islands market. The hotel comprises a total square footage of 25,224 and was sold for a transaction amount of $10,075,000.00.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $10,075,000.00
• Address: 9660 E Bay Harbor Dr
• Market: Bay Harbor Islands
• Asset Size: 25,224 SF
• Buyer: Ronald Finvarb
• Seller: Samuel Spiritos
• Brokers: Arthur Porosoff

Ronald Finvarb acted as the buyer in this transaction, while Samuel Spiritos served as the seller. Arthur Porosoff represented the interests of the involved parties throughout the negotiation process.