CBRE completes $25 million sale of Trump Ocean Club in Panama
Thursday, August 31, 2017
CBRE Brokers has completed the sale of the majority interest in Trump Ocean Club Hotel, a 369-unit luxury resort in Panama City’s Punta Pacifica neighborhood.
Newland International Properties Corp. sold the stake consisting of 202 hotel units to Ithaca Capital Investments in a $24.5 million deal.
Source: CP Executive