MIA: SBE Sells SLS South Beach for $125 Million

Posted by Social Media | Jun 24, 2015 | Brickell, Business | 0 |

Following the sale of the SLS Beverly Hills hotel for $195 million to Torrance multilevel marketing and hotel firm Sunrider International in May, Sam Nazarin has now sold the high-end and chic SLS Hotel South Beach. The famed hotel at 1701 Collins Avenue has a new owner, GoldenPeak Capital Real Estate, ooo bought the haute property for a reporterd $125 million, in other words $892,857 per room.

Source: www.hauteliving.com

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