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Real Estate Rumors: Hersha, Wayne Rosen, Oaktree

By Andrew McIntyre (March 12, 2021, 5:00 PM EST) -- AB Asset Management has purchased a hotel in Miami's Coconut Grove neighborhood for $31 million, The Real Deal reported Friday. The deal is for Residence Inn by Marriott, a 140-room hotel, and the seller is Hersha Hospitality Trust, according to the report. AB Asset Management plans to convert the hotel to apartments, The Real Deal reported....

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