A publicly traded Maryland-based real estate investment trust closed Monday on the $71.6 million purchase of the Hilton Cabana Miami Beach.
RLJ Lodging Trust paid about $310,000 per key for the 231-room hotel at 6261 Collins Ave. in Miami Beach.
A Maryland-based real estate investment trust pays $310,000 per room for the Hilton Cabana Miami Beach.
June 23, 2014 at 11:55 AM
1 minute read
A publicly traded Maryland-based real estate investment trust closed Monday on the $71.6 million purchase of the Hilton Cabana Miami Beach.
RLJ Lodging Trust paid about $310,000 per key for the 231-room hotel at 6261 Collins Ave. in Miami Beach.
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