By Andrew McIntyre ( September 24, 2018, 9:20 PM EDT) -- MSD Capital is buying a hotel in Miami Beach, Florida, for what's likely to be more than $500 million, Commercial Observer reported Monday, citing sources with knowledge of the matter. The company is buying 1 Hotel South Beach, a 426-room hotel at 2341 Collins Ave., and the seller is Starwood Capital Group, according to the report....
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