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Hawks Cay Resort in Florida Keys is sold to Carey Watermark Investors

Carey Watermark Investors has acquired Hawks Cay Resort in the Florida Keys for $133.8 million. Carey Watermark says it plans to invest $15.6 million in capital improvements to the property, which includes 177 hotel rooms and more than 250 villas. The resort will be managed by Pyramid Resort Group. Read the GlobeSt.com story here.

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