Peachtree Sells Broward Hotel to Malik Abdulnoor, Sahir Malki
Michigan-based hoteliers Malik Abdulnoor and Sahir Malki bought the Hampton Inn Fort Lauderdale/Plantation for $21 million, marking at least their ...
Michigan-based hoteliers Malik Abdulnoor and Sahir Malki bought the Hampton Inn Fort Lauderdale/Plantation for $21 million, marking at least their second wager on South Florida's hospitality market this year. Abdulnoor and Malki bought the five-story, 128-key hotel at 7801 Southwest Sixth Street from Atlanta-based Peachtree Hotel Group, according to records and real estate database Vizzda. The buyers borrowed $12.5 million from Live Oak Bank. The deal breaks down to $327 per room. Completed in 2000, the Hampton Inn spans 64,200 square feet on 2.