The Real Deal Miami

Former owner buys most of Mayfair Hotel

Schlesinger family gets 132 units, common areas at Coconut Grove property

April 15, 2014 01:30PM

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Mayfair Hotel and Spa

Mayfair Hotel and Spa

The Schlesinger family acquired most of Coconut Grove’s Mayfair Hotel and Spa only two years after losing it through foreclosure.

Mayfair CLTG Holdings, which is managed by Robert and Adam Schlesinger of West Palm Beach and Dallas-based TriGate Capital, paid $27.6 million for 132 units and the common areas in the 300 Florida Avenue condo-hotel, South Florida Business Journal reported. The seller, an affiliate of Resource Real Estate Funding, seized the units and common areas at the 179-unit condo-hotel in 2012 to resolve a nearly $22 million foreclosure. The borrower at the time, CSC Mayfair, was tied to the Schlesinger family’s former company, Ceebraid-Signal Corp.

The family now runs Copperline Partners, which is also based in West Palm. [South Florida Business Journal]Eric Kalis

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