|By PR Newswire||
|December 9, 2013 03:18 PM EST||
MIAMI, Dec. 9, 2013 /PRNewswire/ -- Laurus Corporation, a U.S.-based private real estate investment and development firm, is pleased to announce that the Sofitel Miami Hotel was voted the 2014 "Best of Weddings" winner by The Knot, a popular website for wedding planning and resources. On December 10, 2012, Laurus Corporation acquired the Sofitel Miami Hotel, a 14-story luxury hotel which sits on 10 acres with a total of 281 rooms, and 17,351 square feet of meeting and event space.
"We are implementing a $4.5 million renovation program that will further enhance the guest experience making it a beautiful wedding destination," says Austin Khan, Chief Investment Officer of Laurus Corporation. "It is an honor for the Sofitel to be recognized with this award by a well-regarded bridal publication."
Awards are chosen through user review submissions of their wedding venues, photographers, make-up artists and other bridal vendors. Scores are then determined by a set criterion per market and category. The winner is selected by the top 1% of customer-based reviews.
Laurus Corporation is a real estate investment and development company that specializes in hotels and resorts, office buildings, multifamily and mixed-use properties. Laurus employs an entrepreneurial investment strategy designed to consistently achieve attractive risk-adjusted returns by creating capital appreciation opportunities through repositioning, restructuring, re-development and intensive post acquisition asset management. It is affiliated with Ethika Investments, LLC, a real estate private equity firm.
SOURCE Laurus Corporation