Oh boy! We’re excited folks! The deal has gone through, and just as Candy predicted, Mehrdad Moayedi and his firm, Centurion American, have purchased the Statler Hilton form Leobardo Trevino’s Ricchi Investments.
Of course, there’ll be no pomp and circumstance or champagne cork popping in the streets like the celebration dance City Hall enjoyed when Trevino bought the famed midcentury modern hotel at 1914 Commerce Street. And while Ricchi Investments had ambitions plans for this incredible piece of downtown Dallas real estate, Moayedi brings an incredible plan and pairs it with a proven track record.