AC Hotel in Aventura, Fla., changes hands for $49.5M

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The AC Hotel by Marriott alongside Aventura ParkSquare in Florida has been acquired by Atlanta-based Peachtree Hotel Group for $49.5 million. The 233-key hotel was built in 2017 by an affiliate of Florida-based Norwich Partners, which paid $9.4 million for the site in 2014.

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