Sheraton Suites Fort Lauderdale at Cypress Creek among the noteworthy
deals of the past week.
Tampa Bay real estate investor Ben Mallah sold a
Sheraton-branded hotel in Fort Lauderdale, Florida, for $28 million ($111,000 per key). Investor
Arif Butt and his five partners bought the property and reportedly financed the deal with
a $19.5 million loan from Dade County Federal Credit Union.
Read about this and download an Excel file with the other
deals of the past week by clicking here.