Jeffrey Soffer has recently purchased a hotel located at 3555 South Ocean Drive in Hollywood. The property, sold by Brookfield Asset Management/Thayer Lodging Group, was listed at a staggering price of $1,000,000,000. This luxurious hotel boasts 1,000 keys and is situated in a prime location.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $1,000,000,000
• Address: 3555 South Ocean Drive, Hollywood

In this high-value transaction, Jeffrey Soffer acted as the buyer, finalizing the deal with the assistance of his broker, Larry Wolfe from Newmark Knight Frank. The involvement of Larry Wolfe at Newmark Knight Frank added valuable expertise to the negotiation process.