Mast Capital and Angelo, Gordon, & Co. Purchase Conrad Miami for $72 Million with Renovation Planned

Mast Capital | July 14, 2017

Mast Capital, a Miami-based investment and development firm, and Angelo, Gordon & Co. have completed the purchase of Conrad Miami from Holborn LC for $72M. This was a transaction facilitated by Christian Charre, Paul Weimer and Natalie Castillo of CBRE Hotels. The hotel is a flagship, trophy asset situated within the iconic Brickell Arch Tower and occupies an entire block within Miami's vibrant Financial District. The tower contains 267,000 rentable square feet of Class A office, 203 hotel keys, and 116 luxury residential units. The interest purchased includes 203 hotel keys, a rooftop amenity deck, and a rental program, which curre...