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Reuben Brothers Acquires 25% Stake In The JW Marriott Miami Turnberry Resort & Spa

Reuben Brothers Acquires 25% Stake In The JW Marriott Miami Turnberry Resort & Spa

September 21, 2020

The British-based private equity and investment firm, Reuben Brothers, led by David and Simon Reuben, have acquired a 25% stake in the JW Marriott Miami Turnberry Resort & Spa from Jeffrey Soffer’s Fontainebleau Development. The price of the transaction was undisclosed. The JW Marriott Miami Turnberry Resort & Spa recently completed a $300 million renovation including the addition of 300 hotel rooms, a 3,000-visitor capacity waterpark known as Tidal Cove Waterpark and the expansion of its convention center. The hotel property is one of the largest in South Florida, featuring 685 hotel rooms and a 36-hole golf course. Reuben Brothers and Fontainebleau Development are reportedly exploring additional partnerships on investments.

In Acquisitions, Commercial, Aventura, Hotels, Hospitality, Invest, Investment News, News, News & Features, Private Equity Tags Aventura, JW Marriott Miami Turnberry Resort & Spa, Reuben Brothers, David Reuben, Simon Reuben, Jeffrey Soffer, Fontainebleau Development, Commercial, Hotels, Hotel, Hospitality, Private Equity, News, News & Features, Invest, Investment News, Acquisitions
← ESJ Capital Partners Proposes 300-Room Hotel At Jungle Island Redevelopment On Watson IslandCardone Capital Acquires Port Royale Apartments In Fort Lauderdale Via Crowdfunding Campaign →

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