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Laurus Corporation Acquires Sofitel Miami Hotel

Laurus Corporation Acquires Sofitel Miami Hotel

LOS ANGELES—Laurus Corporation, a U.S.-based private real estate investment and development firm, announced that it has completed the acquisition of the Sofitel Miami hotel. The 14-story luxury hotel sits on 10 acres with a total of 281 rooms and 17,351 ...

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RLJ Lodging Trust to Acquire Hilton Cabana Miami Beach

RLJ Lodging Trust to Acquire Hilton Cabana Miami Beach

BETHESDA, Md.—RLJ Lodging Trust announced that it has entered into a purchase and sale agreement to acquire upon completion the 231-room Hilton Cabana Miami Beach for a fixed purchase price of $71.6 million, or approximately $310,000 per key. The property ...

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