SOLD
Banyan Investment Group Acquires Fort Lauderdale Hotel For $23M
2900 Riomar Street
Hotel
795 SF
795 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Hotel
795 sqft
The asset involved in the transaction is a hotel located at 2900 Riomar Street in Fort Lauderdale. The sale took place on December 11, 2020. The buyer of the property is Banyan Investment Group, while the seller is Harvey Hernandez. The hotel was represented by Christian Charre, Paul Weimer, Jennifer Jin, and Andrew Pastorino from CBRE. The transaction was completed for a total price of $23,000,000. The hotel has a total of 96 keys, with a price per key of $239,583.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $23,000,000
- Address: 2900 Riomar Street
- Market: Fort Lauderdale
Christian Charre, Paul Weimer, Jennifer Jin, and Andrew Pastorino from CBRE played key roles as brokers in this transaction. They represented the hotel during the sale.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Christian Charre, Harvey Hernandez, Paul Weimer, & Jennifer Jin
DATE: 12/11/2020
ADDRESS: 2900 Riomar Street
MARKET: Fort Lauderdale
ASSET TYPE: Hotel
BUYER: Banyan Investment Group
SELLER: Harvey Hernandez
BROKERS: Christian Charre, Paul Weimer, Jennifer Jin & Andrew Pastorino - CBRE
PRICE: $23,000,000
KEYS: 96 ~ PPK: $239,583View on map
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Address2900 Riomar Street
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