[New post] Dual-Branded Hotel in Clearwater Beach, Fla., Trades for $115Mln

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report Dynamic City Capital has paid $115 million, or $450,980/room, for the 255-room dual-branded Residence Inn and SpringHill Suites hotel in Clearwater Beach, Fla. The Provo, Utah, real estate investor bought t" New post on Commercial Real Estate Direct Dual-Branded Hotel in Clearwater Beach, Fla., Trades for $115Mln by Dan Moynihan Commercial Real Estate Direct Staff Report Dynamic City Capital has paid $115 million, or $450,980/room, for the 255-room dual-branded Residence Inn and SpringHill Suites hotel in Clearwater Beach, Fla. The Provo, Utah, real estate investor bought the property from Key International of Miami, which had purchased it in 2018 for $71 million. The 140-room Residence […] Read more of this post Dan Moynihan | November 3, 2021 at 3:19 pm | Categories: General News | URL: https://wp.me/pcdE10-2jmf 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/2021/11/03/dual-branded-hotel-in-clearwater-beach-fla-trades-for-115mln/