Kabani Hotel Group Announces Successful Off-Market Sale of Sonesta Select Miami Lakes
Miami, FL, June 26, 2026 – Kabani Hotel Group, a premier hospitality brokerage firm, announces the successful off-market sale of the 151-room Sonesta Select Miami Lakes for $15,700,000, or $103,973 per key. Spearheaded by Suraj Dalal and Ahmed Kabani, the transaction was completed through a highly confidential marketing process that resulted in an executed Letter of Intent with mutually agreeable terms within just a few weeks, while maintaining minimal disruption to the hotel’s day-to-day operations.
The buyer was completing a 1033 exchange and required a replacement property within a limited timeframe. Leveraging its extensive hospitality network, Kabani Hotel Group identified a qualified buyer whose investment objectives aligned with the asset and successfully guided the transaction from introduction through closing.
“It is not uncommon for owners to prefer a confidential sale over a traditional marketing process,” said Suraj Dalal, Partner at Kabani Hotel Group. “Our client’s priority was to complete the transaction discreetly while minimizing disruption to the hotel’s operations. The buyer was in the middle of a 1033 exchange and required financing on an accelerated timeline. Our team was able to secure a conventional loan with a local bank while coordinating introductions to the attorneys, franchise representatives, and other key parties to help keep the transaction on track for a successful closing.”
Throughout the transaction, Kabani Hotel Group remained actively involved beyond sourcing the buyer, assisting with due diligence, coordinating among all parties, facilitating introductions to key professionals, and overseeing the transaction through closing.
“Our team stayed engaged through every stage of the transaction, from sourcing the buyer to navigating the complexities that often arise in off-market deals,” said Ahmed Kabani, CEO & Founder of Kabani Hotel Group. “Having the right relationships and remaining hands-on throughout the process allowed us to deliver a successful outcome for both buyer and seller.”
As hospitality investment activity continues across South Florida, well-located hotel assets remain in demand from both private and institutional investors. Kabani Hotel Group continues to leverage its market expertise, extensive buyer network, and transaction experience to successfully execute both marketed and off-market hotel transactions throughout the United States.
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About Kabani Hotel Group, Inc. Kabani Hotel Group, Inc., based in Miami, FL, is a premier brokerage firm specializing in hotel sales, offering comprehensive market research, consulting, and advisory services. With approximately $2 billion in hospitality transaction volume closed over the past
15 years, Kabani Hotel Group continues to set industry standards for excellence and client-focused results. For more information, visit www.KabaniHotelGroup.com or contact Ahmed Kabani at (305) 807-8080.