Miami Luxury Hotel Said to Seek Sale at $325 Million Valuation

The owners of the East Miami hotel are exploring a potential sale that could value the property at more than $325 million, according to people familiar with the matter.

The hotel’s owners, Trinity Investments and Certares, are working with adviser Jones Lang LaSalle Inc. to market the property, said the people, who asked not to be identified citing private information.

Representatives for Trinity and JLL declined to comment. A spokesperson for Certares didn’t immediately respond to a request for comment.

Trinity and Certares are seasoned lodging investors that acquired the property for $174 million in a 2021 deal that helped ...