New York City investor buys two Sarasota hotels

\BUYER: Excel Sarasota 1 LLC (principal: Shoham Amin), New York City
SELLER: THI JV Sarasota SHGI LLC
PROPERTY: 8270 N. Tamiami Trail, Sarasota
PRICE: $10.8 million
PREVIOUS PRICE: $11 million, August 2005

BUYER: Excel Sarasota 2 LLC (principal: Shoham Amin), New York City
SELLER: THI IV Sarasota Shi LLC
PROPERTY: 5995 Cattleridge Blvd., Sarasota
PRICE: $9 million
PREVIOUS PRICE: $10.9 million, August 2005
LAW FIRM ON DEED: Hogan Lovells US LLP, Washington, D.C.

PLANS, DESCRIPTION: Affiliated companies led by Shoham Amin of New York City purchased two Sarasota Hilton Worldwide brand hotels for a total of $19.8 million.