An investment firm operating as Caotree Investments Inc. paid $39 million to acquire La Tour Belvedere, a downtown Montreal hotel, in a deal that values the property at more than three times its current municipal assessed value.
La Tour Belvedere hotel fetches $39 million in downtown Montreal deal
140-room hospitality property trades for more than three times its assessed value
CoStar News
April 10, 2026 | 8:31 P.M.
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IN THIS ARTICLE
- Properties
- La Tour Belvedere
2175 de Maisonneuve Boul, Montréal, QC
- Companies