Holland & Knight Advises on $120 Million Purchase of Shelborne South Beach Hotel
February 20, 2020
February 20, 2020
MIAMI, Florida, Feb. 20 -- Holland and Knight, a law firm, issued the following news release:
Holland & Knight advised King Street in multiple joint ventures in connection with the $120 million purchase of The Shelborne South Beach condo-hotel in Miami Beach consisting of 221 hotel rooms from W.P. Carey Inc., a New York-based real estate investment trust, and the acquisition of 30 additional condo units for an additional $20 million. The deal closed on January 31.
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Holland & Knight advised King Street in multiple joint ventures in connection with the $120 million purchase of The Shelborne South Beach condo-hotel in Miami Beach consisting of 221 hotel rooms from W.P. Carey Inc., a New York-based real estate investment trust, and the acquisition of 30 additional condo units for an additional $20 million. The deal closed on January 31.
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