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Toronto's Sheraton Centre hotel just sold for $335-million

Thursday Nov 09th, 2017

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TORONTO'S SHERATON CENTRE HOTEL JUST SOLD FOR $335-MILLION Michael Ott, blogTO Image courtesty of: TripAdvisor In what is a surprise to probably nobody, it turns out hotels can sell for a ton of money. The newest mind-blowingly-large sale is the Sheraton Centre Hotel in Toronto. The iconic building was just bought by Brookfield Asset Management for a whopping $335-million. According to BNN, the sale is a record for hotel sales in Canada. Who would have guessed that a... [read more]

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