Articles tagged Hotel Transaction Florida

The Vinoy Renaissance St. Petersburg Resort & Golf Club Sold for $188.5 Million
September, 5 2018
RLJ Lodging Trust (NYSE: RLJ) today announced that the Company has sold the 362-room Vinoy Renaissance St. Petersburg Resort & Golf Club for total consideration of $188.5 million, consisting of the contractual sales price of $185.0 million and the release of $3.5 million in member deposits. The total consideration represents approximately $521,000 per key. continue reading →

Aloft Hotel Jacksonville Airport Sold to Gehr Hospitality
January, 29 2018
Gehr Hospitality announced the acquisition of the Aloft Hotel, Jacksonville Airport, located three miles from the Jacksonville International Airport and just 15 miles north of downtown Jacksonville. The acquisition was financed by BMO Harris Bank, and McKibbon Hospitality will manage the hotel on behalf of Gehr Hospitality. continue reading →

175 Room Oceans Edge Hotel & Marina Key West, Florida Sold for $175 Million
July, 27 2017
Sunstone Hotel Investors, Inc.) (NYSE: SHO) announced that it has acquired the fee-simple interest in the 175-room Oceans Edge Hotel & Marina in Key West, Florida for $175 million. In addition, the Company announced that it had recently completed the disposition of the 199-room Marriott Park City in Park City, Utah for a gross sale price of $27.6 million. continue reading →