Nakash Holdings, a closely held investment firm controlled by the founders of jeans company Jordache Enterprises, teamed with the von Furstenberg family to buy the Setai hotel in Miami Beach from Lehman Brothers Holdings Inc.
Nakash and the von Furstenbergs bought the 120-room property for almost $90 million, or $750,000 per room, according to Jonathan Bennett, managing director at New York-based Nakash. He declined to comment on the size of the ownership stakes. The purchase closed Friday, the buyers said in a statement.
