Calif. RE Investor Laurus Snaps Up Sofitel Miami Hotel
Laurus, a Los Angeles-based investor that specializes in hotel and resort property acquisition and management, acquired the hotel for an undisclosed sum. The luxury hotel has 281 rooms and more than 17,000 square feet of meeting and event space on its 10-acre plot in Miami, Laurus said.
"Hospitality is experiencing rapid...
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