Como Traymore Buys Miami Beach Hotel

By GlobeSt News Hub

Print Email Share Reprints News Tip? Get Alerts

Disable this ad

Sign Up for the Florida AM Alert

Join the thousands of real estate professionals that subscribe to the Florida AM Alert. Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of industry thought leaders to provide you with market intelligence and a daily business advantage.

Become a registered member today and don’t miss another important story in the Florida market. Let GlobeSt.com be your source for everything real estate.

MIAMI BEACH-Como Traymore has purchased the closed Traymore Hotel located at 2445 Collins Avenue on South Beach for $17.5 million from SteelRock Capital's affiliate, SR South Beach One. The seller took control over the 13-floor hotel subsequent to foreclosing on former owner CSC Traymore LLC's mortgage worth $12.2 million in late 2011. CSC Traymore, an affiliate of Ceebraid-Signal Corp., originally secured the loan from Marshall Investments Corp.

SR South Beach One then purchased the mortgage from Marshall Investments. For the full story, go to South Florida Business Journal .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Categories: Southeast, , Sales, Acquisitions/Dispositions, Scope, Miami