The Kolter Group acquired the Hilton St. Petersburg Bayfront from Ashford Hospitality. The 60-year old hotel sold for $67.2 million. The Tampa Business Journal reports that with items like furniture, fixtures, and equipment included in the final price, Kolter would pay $96 million in cash for the property. The TBJ speculates that Kolter may hold onto the ...
The post Kolter Picks Up Vintage Tampa Bay Hotel appeared first on Connect CRE .
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