A French hotelier has acquired the Kimpton Angler’s Hotel in Miami Beach for $43.5 million, marking one of the most expensive hotel deals in Miami Beach to close in 2025. The transaction equates to $330,000 per key and was financed with a $23.5 million loan from Interaudi Bank.
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Gencom Affiliate Reacquires Majority Interest In The Ritz-Carlton Coconut Grove
Affiliates of Miami-based Gencom, a U.S.-based investment firm that owns, operates, and develops prized real estate globally, announced that it has reacquired a majority interest the 115-key The Ritz-Carlton Coconut Grove situated at 3300 SW 27th Ave. in Miami, Florida.
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OKO Group Commences Vertical Construction at Aman Residences, Miami Beach
Following extensive below-grade piling, excavation work and construction from OKO Group and Access Industries’, Aman Residences, Miami Beach, will commence vertical construction. With the development’s foundation system now complete, general contractor Suffolk is now progressing skyward with approximately one floor set to be completed every two weeks.
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Master Construction Permit Issued For 70-Story Okan Tower in Downtown Miami
Okan Tower, Downtown Miami’s transformative new branded hospitality and residential development anchored by the 316-key Hilton Miami Bayfront Hotel, has reached a pivotal milestone with the issuance of its master construction permit.
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Miami Beach City Commission Grants Final Approval for Terra’s Deauville Redevelopment
The long-awaited redevelopment of Miami Beach’s historic Deauville Hotel site has cleared its final hurdle, with the Miami Beach City Commission granting full approval to Terra’s development plans. The decision, made on Friday, June 27, finalizes zoning, land use, building height, and public-benefit commitments, paving the way for a major transformation of the iconic North Beach property.
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Inside The Newly Opened Sales Gallery For The $2 Billion St. Regis Resort & Residences, Bahia Mar, Fort Lauderdale
Fort Lauderdale is witnessing an extraordinary transformation with the launch of the sales gallery for the St. Regis Resort & Residences, Bahia Mar, an ambitious $2 billion development that promises to redefine luxury living in South Florida.
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Image Credits: Bites and Bevs Media, courtesy of The St. Regis Bal Harbour Resort
THE ST. REGIS BAL HARBOUR RESORT DEBUTS BH PRIME STEAKHOUSE
The St. Regis Bal Harbour Resort has introduced its first dedicated steakhouse, BH Prime, marking a significant addition to the resort’s dining portfolio. The new restaurant replaces the former BH Burger Bar, transforming the space into a refined, dinner-focused venue that caters to both hotel guests and local patrons. With a design rooted in warm wood, leather, and subtle contemporary touches, BH Prime offers a sophisticated yet approachable atmosphere in line with the resort’s Forbes Five-Star and AAA Five Diamond status.
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The Ritz-Carlton Key Biscayne Launches $100 Million Full-Scale Renovation of Iconic Beachfront Resort
Poised between the cosmopolitan grace of Miami and the natural beauty of the Atlantic, The Ritz-Carlton Key Biscayne, Miami, is embarking on a new chapter. Nearly 25 years since Gencom co-developed the asset, the iconic resort has begun a transformational improvement plan totaling over $100 million, ushering in a new era of coastal luxury.
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Terra and Turnberry To Begin Construction of Grand Hyatt Miami Beach After Locking Down $392 Million In Financing
Terra and Turnberry, two of South Florida’s leading real estate development firms, have secured $392 million in construction financing that will help advance the development of Grand Hyatt Miami Beach, an 800-room, 17-story property adjacent to the Miami Beach Convention Center.
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Proper Hotels Reveals $100 Million Renovation of Miami Beach Landmark 'The Shelborne by Proper' Set to Open in May
Proper Hotels has revealed a first look at their $100 million renovation of the iconic oceanfront hotel, The Shelborne, on Miami Beach’s iconic Collins Avenue. The Shelborne by Proper is set to open in May, welcoming guests once again to the historic Miami Beach landmark.
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