A Holland & Knight team completed its end of a $120 million Miami Beach hotel acquisition in time for Super Bowl weekend, condensing a typical six-month deal into five weeks.
The attorneys represented a member in the three-way joint venture that bought the Shelborne South Beach hotel-condominium from an affiliate of W.P. Carey Inc., a New York-based real estate investment trust. The purchase closed Jan. 31, the Friday before Miami hosted the Super Bowl and its tourist infusion.
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