Molinaro Koger Sells former Le Méridien Guyana On Behalf of Lehman/Starwood JV
Molinaro Koger announced today the firm arranged the sale of the Guyana Pegasus hotel on behalf of Starman Hotels, a hotel investment joint venture between affiliates of Lehman Brothers and Starwood Capital Group. The former Le Méridien property was purchased by Sahara, a private investment group based in South America. The 130-room oceanfront hotel is situated on the delta of the Demerara River and the Atlantic Ocean in Georgetown, the capital of Guyana. It was sold without brand affiliation.