Following the sale of the SLS Beverly Hills hotel for $195 million to Torrance multilevel marketing and hotel firm Sunrider International in May, Sam Nazarin has now sold the high-end and chic SLS Hotel South Beach. The famed hotel at 1701 Collins Avenue has a new owner, GoldenPeak Capital Real Estate, ooo bought the haute property for a reporterd $125 million, in other words $892,857 per room.
Source: www.hauteliving.com
