Host Hotels Pays $214M for Don CeSar Resort on St Pete Beach (UPDATE)
Area: sqft | BHK: | Price: |
City: | Location: |
Host Hotels & Resorts LP acquired the Don CeSar Beach Resort at 3400 Gulf Blvd. in St. Pete Beach, FL for $ 214 million, or about $ 617,000 per room, from Prudential Insurance and minority partner Loews Corporation, which managed the asset. The Don CeSar will now be operated as an independent hotel and managed by Davidson Hotels & Resorts. Davidson is an industry leader with 43 hotels totaling 13,000 rooms and 1.4 million square feet of meeting…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
Recent Posts
- Irene Sandiego, Tampa4u Realtor — Past Home Sales
- Compare the 4 Most Popular Low-Down-Payment Home Loans
- It’s March! The Best Month for Tampa Home Sellers to List
- Builders Fulfill Homebuyers’ Desire for Large Open-Floor-Plan Homes
- The Most Expensive Existing Condos for Sale in Tampa Are on Bayshore Blvd