HHM Hotels has offloaded The Sheraton Miami Airport Hotel near Miami International Airport sold for $67.5 million.
The 405-room hotel at 3900 N.W. 21st Street was purchased by Bridgeton Holdings. The South Florida Business Journal reports Argentic Real Estate Investment 2 provided a $59.25 million mortgage to the buyer. HHM spent $10 million on a property-wide renovation in 2017.
The hotel last traded for $42.32 million in 2015. The hotel is also just north of the new Miami Freedom Park, which includes a stadium for Inter Miami CF…