Peachtree Hotel Group Acquires Aventura Hotel From Norwich Partners For $49.5M | 20805 Biscayne Boulevard | Hotel | Sale

Summary

Sale

FLORIDA

Hotel

Located at 20805 Biscayne Boulevard in Aventura, this hotel property was recently sold in a transaction valued at $49,500,000. The sale took place on January 10, 2022.

Summary of transaction details:

Property Type: Hotel
Sale Price: $49,500,000
Address: 20805 Biscayne Boulevard, Aventura
Market: Aventura

The buyer in this transaction was Peachtree Hotel Group, represented by Greg Friedman. They acquired the property from Norwich Partners, with David Leatherwood as their representative. The lender involved in the deal was MetLife Real Estate Lending. The hotel consists of 233 keys, with a price per key of $212,841.

Please note that no additional information is available regarding the transaction.

Details

Deal Summary

SOLD

IMAGE: David Leatherwood & Greg Friedman DATE: 01/10/2022 ADDRESS: 20805 Biscayne Boulevard MARKET: Aventura ASSET TYPE: Hotel BUYER: Peachtree Hotel Group - Greg Friedman SELLER: Norwich Partners - David Leatherwood LENDER: MetLife Real Estate Lending SALE PRICE: $49,500,000 KEYS: 233 ~ PPK: $212,841

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Address20805 Biscayne Boulevard

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