Debt-ridden Sagamore Hotel Sold

The historic Sagamore Hotel in Miami Beach has been sold to the InSite Group of Fort Lauderdale for $63 million. The deal came just days before the hotel had to pay $41 million in debt and interest payments, The Real Deal reported. The 93-room hotel, originally built in 1948, encompasses 92,000...

BING NEWS:
  • Miami home that once belonged to the former owners of the famed Sagamore Hotel South Beach lists for $12.99M
    Neil and Jennifer Sazant, former owners of the Sagamore Hotel, called it home until 2021 when they sold it to the current sellers for $10.6 million.
    01/8/2025 - 3:00 am | View Link
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