Majestic Properties adds Fran Clougherty

Fran Clougherty has rejoined Majestic Properties as a broker-associate, the Design District-based company announced Thursday. Clougherty, who began his career in New York City in the 1980s, is the former president of South Beach’s Draca Realty. Some of his recent transactions include the sale of the Days Inn Miami, the Holiday Inn South Beach and the Peter Miller hotel in Miami Beach, among others. He brokered the 2012 sale of the Indian Creek hotel to New York-based Sydell Group, which recently announced plans to convert the property into a boutique hostel. — Alexander Britell