Sixth Street Acquires Pier House Resort & Spa in Key West for $190 Million in Partnership with Riller Capital
🏨 Sixth Street acquired the Pier House Resort & Spa, a 142-room oceanfront hotel in Key West, Florida, for $190 million from Braemar Hotels & Resorts. Located on five acres at the gateway to Duval Street, it offers oceanfront dining, a spa, fitness center, pool, and private beach. The deal was supported by Riller Capital and financing from Starwood Property Trust, with legal advice from Latham & Watkins.
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