Mast Capital, Angelo Gordon & Co. buy Conrad Brickell for $72M

Conrad Miami and Camilo Miguel

Mast Capital and Angelo Gordon & Co. just paid $72 million for the Conrad Miami hotel on Brickell Avenue, sources told The Real Deal. The 203-key luxury hotel was on the market for about two years without an asking price. The joint venture paid about $355,000 per room for the property… the deal closed on Thursday. [Link]