Victory Investments Group has acquired the art deco Hotel Astor on Miami Beach for $12.75 million, $304,000 per key, in an off market deal. The Susan Gale Group with ONE Sotheby’s International Realty, which specializes in hospitality transactions, represented both sides of the transaction.
Read MoreAcqualina Resort & Residences Awarded #1 Hotel Ranking In 10Best Readers' Choice Awards By USA Today
For the fifth consecutive year, Acqualina Resort & Residences has been recognized as the Best Waterfront Hotel in the United States in the 10Best Readers’ Choice Awards by USA Today. Acqualina is also a proud recipient of the Forbes Five Star Award for both the hotel and spa for the ninth consecutive year and the AAA Five Diamond for the 13th consecutive year.
Read MoreMenin Development Celebrates The Grand Opening Of The Ray Hotel, Curio Collection by Hilton In Delray Beach
Hilton has announced the opening of The Ray Hotel Delray Beach, Curio Collection by Hilton, a 141-room design-focused tropical luxury hotel, located in the Pineapple Grove Arts District, in the center of downtown Delray Beach.
Read MoreThe Fasano Coming To South Beach After JHSF Acquires The Art Deco COMO Metropolitan Miami Beach Hotel
The Brazil-based real estate development firm JHSF, led by Fábio Auriemo, has acquired the COMO Metropolitan Miami Beach hotel at 2445 Collins Ave. for $70 million, roughly $946,000 per key. The off-market transaction was overseen by Susan Gale of ONE Sotheby’s International Realty
Read MoreLegacy Hotel and Residences, America's First 'Covid-Conscious' Mixed-Use Tower Breaks Ground In Downtown Miami
Dan Kodsi of RPC (Royal Palm Companies) has announced the groundbreaking of Downtown Miami’s most anticipated mixed-use luxury development, Legacy Hotel & Residences coming to one of the U.S.’s most ambitious and largest private master-planned communities, Miami Worldcenter (MWC).
Read MoreFormer Owner of Club Space Acquires South Beach Multifamily In South of Fifth For $5.567 Million
Louis Puig, the former owner of Club Space, has acquired a multifamily property in Miami Beach’s South of Fifth neighborhood and plans to convert the space into a boutique hotel. Puig payed $5.567 million for 333 Jefferson Ave., a gated 24 unit multifamily property which was developed in 1939.
Read MoreAllen Morris Company's AMS Hospitality And Black Salmon Joint Venture Acquire Circa 39 Hotel In Miami Beach For $25.5 million
AMS Hospitality, the affiliate hospitality group of The Allen Morris Company, and Miami-based national commercial real estate investment firm Black Salmon have acquired the 97-key Circa 39 Hotel in Miami Beach. Located at 3900 Collins Avenue, the hotel is across from the iconic Miami Beach boardwalk.
Read More'Le Rouge Lounge' Cabaret-Themed Nightclub Opens At Moishe Mana's Mana Wynwood Campus
Le Rouge Lounge, a new luxury, cabaret-themed nightclub, opened June 11 at a new event venue in Moishe Mana’s six acre Mana Wynwood campus. Mana Wynwood’s new event venue , which is located across from the Mana Wynwood Convention Center, is a French-inspired live entertainment venue.
Read MoreSam Nazarian's New Dining And Delivery Platform C3 Hospitality Inks Lease For 10K SF In CocoWalk
Hospitality mogul Sam Nazarian’s new dining and delivery platform C3 Hospitality is coming to Coconut Grove after inking a lease at CocoWalk. The innovative dining hospitality platform will occupy 10,000 SF at CocoWalk, located at 3015 Grand Avenue in Coconut Grove, and is expected to open in 2022.
Read MoreE11EVEN Hotel & Residences The First Pre-Construction Development To Accept Cryptocurrency For Condo Deposits
Miami really is becoming the Crypto City as E11EVEN Hotel & Residences has become the first development to accept cryptocurrency for condominium deposits in pre-construction projects. E11EVEN Hotel & Residences is under development by PMG and E11EVEN Partners.
Read More