Real Estate Rumors: CorePoint Lodging, Redwood, Gil Dezer

Law360 (September 25, 2020, 5:04 PM EDT) — CorePoint Lodging, a hotel real estate investment trust, has sold a Deerfield Beach, Florida, La Quinta property for $5.7 million, The Real Deal reported Friday. The deal is for 100 S.W. 12th Ave., a 79-room hotel, and the buyer is an entity managed by investor Ketankumar Patel, according to the report.

Redwood Capital Investments has purchased a pair of auto dealerships in Florida for $60.5 million, the South Florida Business Journal reported Friday. The deal is for 5901 Madison Ave. in Tamarac and a property in Margate that’s located at 2250 N. State Road 7 and 5410 N.W. 24th St., and…

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