Billionaire Michael Dell’s MSD Partners is planning to invest $75 million into the Boca Raton Resort & Spa, according to a Fitch Ratings report that reveals a financial breakdown of the operations of the oceanfront resort. The 1,047-room resort, whose real estate sold for $462 million in May, sold for a combined $875 million, according to Fitch Ratings. That price breaks down to $589.7 million for the resort, including furniture, fixtures and equipment, and $285.3 […]
source https://therealdeal.com/miami/2019/06/12/here-are-the-numbers-behind-michael-dells-record-purchase-of-the-boca-raton-resort/#new_tab
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