Blue Suede Hospitality Buys Another Miami Beach Hotel – Commercial Observer

The sale marks Blue Suede’s third acquisition in Miami Beach over the past year. Just last month, it purchased the former Kayak Hotel, again at a discount, paying $12.8 million. In 2023, it bought the South Beach Plaza Hotel for $26.5 million.

#MiamiBeach #SouthBeach #realestate #commercialobserver #BlueSuede #Hotels #hospitality #investments
Blue Suede Hospitality Buys Another Miami Beach Hotel – Commercial Observer The sale marks Blue Suede’s third acquisition in Miami Beach over the past year. Just last month, it purchased the former Kayak Hotel, again at a discount, paying $12.8 million. In 2023, it bought the South Beach Plaza Hotel for $26.5 million. #MiamiBeach #SouthBeach #realestate #commercialobserver #BlueSuede #Hotels #hospitality #investments
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