Among the noteworthy hotel deals of the last week is the $63 million sale by Pebblebrook Hotel Trust of the Hotel Colonnade Coral Gables in Florida to Crescent Real Estate.
Last sold for $43 million in 2014, Crescent Real Estate has acquired the iconic Colonnade for more than $401,000 per room. Read about this and more than a dozen other deals recorded between April 19-25.
Download the full report here.