The property includes 8,850 square feet of retail and restaurant space.
The buyer funded its purchase in part with a $44 million loan from SunTrust Bank.
The Annapolis, Md., investment manager, which was acquired earlier this year by Brookfield Asset Management, also paid $55.5 million for several parcels next to the hotel and $20 million for an 18-hole golf course, bringing its total purchase price to ...
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© 2023 Commercial Real Estate Direct All rights reserved..