AMS Hospitality Acquires Miami Beach Hotel For $26.5M With Buyer's Rep Miguel Pinto

An hotel located at 3900 Collins Ave in Miami Beach has been sold for a price of $26,500,000. The transaction took place on June 16, 2021. The property, consisting of 97 keys, was acquired by AMS Hospitality. Thirtynine Collins, the previous owner, sold the hotel. Samuel Heskiel represented the seller and Miguel Pinto from Apex Capital Realty represented the buyer.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $26,500,000
• Address: 3900 Collins Ave
• Market: Miami Beach
• Buyer: AMS Hospitality
• Seller: Thirtynine Collins
• Buyer's Representative: Miguel Pinto - Apex Capital Realty
• Seller's Representative: Samuel Heskiel
• Keys: 97
• Price Per Key (PPK): $273,196

Miguel Pinto from Apex Capital Realty and Samuel Heskiel played a crucial role in the deal as the buyer's and seller's representatives respectively.