LaPlaya Beach Resort sells for $182.3 million

By Business Observer Staff
| 11:00 a.m. June 19, 2015
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Charlotte–Lee–Collier

BUYER: Hazel Owner LLC (Pebblebrook Hotel Trust), Bethesda, Md.
SELLER: LaPlaya LLC
PROPERTY: 9876, 9880, 9891 and 9895, Gulf Shore Drive, Naples
PRICE: $182.3 million
PREVIOUS PRICE: $48.27 million, January 2000
LAW FIRM ON DEED: Greenberg Traurig PA, Orlando

PLANS, DESCRIPTION:
The Pebblebrook Hotel Trust purchased the real estate for the 189-room LaPlaya Beach Resort & Club in Naples for $182.3 million.

The price equated to $964,550 per room.