Wednesday, July 24, 2013

Ritz Carlton Ft Lauderdale.......Sold!

Ritz Carlton Ft Lauderdale
1 N Ft Lauderdale Beach Blvd
The chic Ritz Carlton Ft Lauderdale located at 1 N Ft Lauderdale Beach Blvd, has sold to an investment group for $65.7 million or $339,000 per unit.  The hotel, which was built in 2007, was formerly flagged as the St. Regis.  In addition to the bulk sale, there are a number of individual owners at the Ritz Carlton. Most recently, there have been 3 units that have changed hands ranging in price from $1,250,000 - $2,400,000.

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