The hotel market saw a slight slip this year in some performance benchmarks, but investors collectively paid nearly $2 billion for South Florida properties, surpassing the transactions in all other real estate categories.
The 180% jump from a year before was driven primarily by the trade of two preeminent South Florida resorts, according to JLL data.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]