Delano South Beach is sold for $794M deal to SBE

Delano South Beach is sold for $794M deal to SBE

Miami, FL -Hospitality company SBE acquiresย Morgans Hotel Group which owns the iconic Delano South Beach for $794M deal today. The new acquisition will change hands later this year after owner Morgans Group was acquired on May 9th, 2016 by SBE. The deal was for $794M and SBE acquired all Morgan's 13 properties across the U.S. [...]