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Eldridge Acquires New York´s Hudson Hotel and Miami´s Delano South Beach Luxury Hotels from sbe
Wednesday 25 November 2020

Connecticut-based investment company Eldridge has acquired Hudson Hotel, located in New York City, and Delano South Beach, located in Miami, from sbe, the company said.

Terms of the transaction were not disclosed.

UK-based Cain International, Eldridge's real estate investment firm, has been appointed to lead a strategic repositioning of both assets. sbe will retain the Hudson and Delano brand names.

The repositioning appointment will add to Cain International's growing footprint in the luxury hospitality space, a sector which the firm has exposure to across several gateway cities in the US and Europe.

Eldridge is a holding company with a unique network of businesses across finance, technology, real estate, and entertainment.

Cain International is a privately held real estate investment firm operating in Europe and the United States.
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Date Published: 25/11/2020

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