Blackstone sells Weston hotel for $12MBlackstone paid $10M for the 94-key hotel in 2016

Blackstone CEO Stephen A. Schwarzman and 1545 Three Villages Road (Credit: Google Maps)

“Blackstone sold a 94-key Marriott hotel in Weston for $12.38 million, three years after purchasing the property.

The New York-based private equity firm sold Towneplace Suites by Marriott at 1545 Three Villages Road for $131,702 per key, records show. Coral Gables-based Kenne RE, led by Gustavo Blanco, purchased the property.”

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