Elliott Investment Management buys 230-room Gates Hotel South Beach for $52.5M

  • 12/16/2024

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Elliott Investment Management acquired the Gates Hotel South Beach for $52.5 million. Rockpoint Group sold the 230-room hotel at 2360 Collins Ave. to Elliott Investment Management. Deutsche Bank provided a $82.5 million mortgage to the buyer.

Rockpoint
Fred Borges | Senior Managing Director-East Region
Elliott Investment Management L.P.
Dave Miller | Equity Partner, Senior Portfolio Manager

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