Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro.
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Robert Rivani's Black Lion Set To Bring Mexican-Based Entertainment Restaurant RosaNegra's First U.S. Location To SLS Brickell
Real estate investor and President of Black Lion, Robert Rivani, is set to bring the U.S. debut of internationally-recognized entertainment restaurant RosaNegra to Miami’s Brickell Financial District. The Mexico-based Grupo RosaNegra signed a 10-year lease with Rivani to occupy the coveted ground floor space at SLS Brickell. Fabio Faerman and Sebastian Faerman with FA Commercial represented both sides of the transaction. The SLS Brickell location will be RosaNegra’s flagship outpost in the U.S. and its sixth location worldwide.
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Related Group Sells SLS Brickell Hotel For $43 Million
The Related Group has sold the hotel component of SLS Brickell for $43 million to an entity managed by Francois Faber of Fiduciaire Fernand Faber, who has also signed an agreement with SBE for the continued management of the property.
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