Brief
St. Pete Beach Resort Trades for $31.5M
OTO Development paid $31.5 for a St. Petersburg resort that was recently renovated due to hurricane damage. The 102-key Beachcomber Beach Resort reopened Oct. 30 after a year’s worth of repairs. The T
OTO Development paid $31.5 for a St. Petersburg resort that was recently renovated due to hurricane damage. The 102-key Beachcomber Beach Resort reopened Oct. 30 after a year’s worth of repairs. The Tampa Bay Business Journal reports Gencom, the seller, bought the hotel in 2018 for $24 million. Hodges Ward Elliott brokered the sale of the resort. Preston...
Source
- Connect CREconnectcre.com
