Statura Intelligence
$437.5M Sale Of 3 Luxury Hotel Properties Includes Ritz-Carlton Sarasota
A Dallas-based REIT is selling three luxury hotel properties for $437.5M, including The Ritz-Carlton in Sarasota, reports said.
SARASOTA, FL — The Ritz-Carlton Sarasota location is one of three luxury hotels being sold by Dallas-based Braemar Hotels & Resorts, a real estate investment trust, in a $437.5 million cash deal, according to multiple reports.
The properties are being sold by the REIT, a publicly traded company, to BRDO Property LLC, YNTV Property LLC, 1776 Sarasota Associates and 1776 Sarasota Golf Associates, as part of a strategic review process, the Business Observer said .
Opening excerpt. Read the full story at Newsdata · Florida Government ↗
Sourced from Newsdata · Florida Government · indexed by Statura on June 16, 2026. Statura indexes Florida political news and tags it by industry and jurisdiction so government-affairs teams can monitor signal without scanning every outlet by hand. Read the full story at Newsdata · Florida Government ↗
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