One Bal Harbour-Regents Hotel Out

I was working with a buyer today at One Bal Harbour. The Regents Hotel sign has been replaced.    As reported by the Miami Herald, a private group, ElCom Hotel & Spa, bought the common areas of the hotel for $12 million and 51 unsold condo-hotel units.

The owners of ElCom, executives with hotel backgrounds, have renamed the property the One Bal Harbour Hotel. Regent left another condo-hotel, in South Beach, two years ago.

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This entry was posted on Saturday, July 25th, 2009 at 4:29 pm and is filed under Harbour House, Miami Oceanfront and Bay Condos, One Bal Harbour. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.