Real Estate Rumors: St. Louis Resort, Est4te Four, A&E

By Andrew McIntyre (May 1, 2017, 4:31 PM EDT) -- An affiliate of Saint-Louis Resort Management Inc. has sold a Miami Beach boutique hotel for $9 million, The Real Deal reported Friday. The deal is for 347 Washington Ave., a 24-key hotel located in the South-of-Fifth neighborhood of Miami Beach, the report said. The Art Deco property has roughly 11,140 square feet and was built in 1937, and the buyer is an entity affiliated with Jesper Arnoldsson, a principal at SMS Lodging LLC, according to the report....

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