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Brookfield Property Group's $800 Million Sale of The Diplomat Beach Resort Hollywood To Fontainebleau Development Falls Through

$800 Million Sale of Second Largest Hotel in South Florida Falls Through

May 19, 2020

A roughly $800 million deal between Jeffrey Soffer’s Fontainebleau Development to acquire Brookfield Property Partner’s Diplomat Beach Resort Hollywood was called off on May 8 as the effects of COVID-19 on South Florida’s hotel and tourism industries continues to cause havoc.

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In Commercial, Hospitality, Hotels, Invest, Investment News, News, Hollywood Tags Jeffrey Soffer, Jeff Soffer, News, Commercial, Hotels, Hotel, Hilton Curio Hotel, The Diplomat, Diplomat Beach Resort Hollywood, Hollywood, Hollywood-Hallandale Beach, Fontainebleau Development, Brookfield Property Group, Brookfield Asset Management, 3555 South Ocean Drive, Invest, Investment News, Hospitality, COVID-19, COVID19, COVID, Coronavirus, Featured
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