The Julia hotel, Jesper Arnoldsso
SMS Lodging is looking to sell a boutique hotel in South Beach, following the $21.3 million sale of another hotel farther north in Miami Beach.
The firm, led by Jesper Arnoldsson, tapped CBRE to list The Julia, a 29-room hotel in the South-of-Fifth neighborhood, at 336 Collins Avenue. CBRE’s Paul Weimer, who is listing the property with Natalie Castillo and Joshua Beene, said it’s expected to sell for about $300,000 a key, which would come out to nearly $9 million.
SMS recently sold the 71-key Alden hotel at 2925 Indian Creek Drive in Mid-Miami Beach for $21.3 million. CBRE and JLL brokered the deal. Hawkins Way Capital purchased the former condo-hotel building and is planning to open Found Hotel Miami Beach next summer with
Article source: https://therealdeal.com/miami/2019/10/14/sms-lodging-lists-miami-beach-hotel-after-selling-another-for-21m/
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