General World News

Crescent Heights Sells 50% of Mondrian SOBE to Investor Michael S. Liebowitz

Crescent Heights announced yesterday that it has sold 50 percent of the Mondrian South Beach hotel to investor Michael S. Liebowitz for an undisclosed amount. Russell Galbut, Managing Principal of Crescent Heights, will retain 50 percent ownership of the Mondrian South Beach, and Menin Hospitality will continue to manage and operate the property. read more >>>

Source:: HotelNewsresource.Com