MIAMI—HFF just inked a unique transaction that included a Miami Beach hotel and multifamily property. HFF represented the sellers of Haddon Hall, a 123-room historic, art-deco hotel, and the adjacent Campton Apartments, a 45-unit multifamily asset.
Haddon Hall Associates, Ltd. and Campton Associates, Ltd. sold the Miami Beach assets to an affiliate of Rockwood Capital. The hotel was offered unencumbered by any brand or management agreement.
HFF executive managing director Manuel de Zarraga, senior managing director Daniel C. Peek, director Max Comess, and senior hospitality analyst Cyrus Vazifdar led the transaction. Terms were not disclosed.
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