Solé Miami Hotel Sold for $22M

Mast Capital just sold the Solé Miami hotel for over $20 million — a jaw-dropping profit after buying it for $80K–$100K per room back in 2021. The property, now owned by South Street Partners, is set for a major renovation to boost guest experience in Sunny Isles’ booming beachfront market. A recent lawsuit over shared space management was dropped before trial, clearing the way for South Street’s upgrade plans and solidifying their bet on Southeast luxury hospitality growth. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f29b369eb3b7b63e