[New post] Fort Lauderdale, Fla., Hotel Sells for $27.25Mln

Dan Moynihan posted: "South Florida Business Journal LWHT Property Management has paid $27.25 million, or about $176,948/room, for the 154-room Royal Beach Palace hotel in Fort Lauderdale, Fla. A company managed by Yury Gnesin of Hallandale Beach, Fla., sold the six-buil" New post on Commercial Real Estate Direct Fort Lauderdale, Fla., Hotel Sells for $27.25Mln by Dan Moynihan South Florida Business Journal LWHT Property Management has paid $27.25 million, or about $176,948/room, for the 154-room Royal Beach Palace hotel in Fort Lauderdale, Fla. A company managed by Yury Gnesin of Hallandale Beach, Fla., sold the six-building property, at 3711 North Ocean Blvd., which was built in 1950s and 1960s. Read more of this post Dan Moynihan | October 4, 2021 at 12:30 pm | Categories: Southeast | URL: https://wp.me/pcdE10-2iXO Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/10/04/fort-lauderdale-fla-hotel-sells-for-27-25mln/