Atlanta Firm Picks Up Element Miami Hotel Near Airport
Element Miami International Airport and Patrick O’Neil, president of Peachtree Hospitality Management
Norwich Partners just sold the Element Miami International Airport hotel to Peachtree Hotel Group. The five-story, 209-key hotel at 3525 Northwest 25th Street sold for $22 million, Norwich managing member David Leatherwood told The Real Deal. The sale is the first for an airport-area hotel in about a year, according to Lalos. [Link]