financeHotels Magazine··1 min·For: Owner, Investor, GM, Revenue
Mast Capital Sells Solé Miami Resort in Sunny Isles Beach
Mast Capital has completed the sale of Solé Miami, A Noble House Resort, an oceanfront property in Sunny Isles Beach, Florida, to an undisclosed buyer.
Key Takeaways
- 1Leverage oceanfront assets in South Florida as limited development opportunities drive high investor demand.
- 2Monitor the ongoing trend of corporate relocations to Miami which is bolstering long-term hotel performance fundamentals.
- 3Note the successful exit by Mast Capital following key operational and physical upgrades made since their 2021 acquisition.
Source: Hotels Magazine
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