Fri Feb 03 2023
A Nichols Legacy Project, Diplomat Beach Resort sells for $850M
Diplomat Beach Resort sells for $850M to Trinity, Related, BH Group By Brian Bandell The 39-story Diplomat Beach Resort in Hollywood sold for $850 million, one of the highest prices for a hotel in Florida, according to a source with knowledge of the deal. Brookfield Property Partners, through affiliate Diplomat Hotel Owner, agreed to sell the 1,000-room hotel at 3555 S. Ocean Drive to Honolulu-based Trinity Real Estate Investments and Credit Suisse Asset Management, according to an announcement from the…