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Tag: Hospitality

Billionaire Jeff Greene sells former Palm Beach Post Office to the Breakers for M
Business

Billionaire Jeff Greene sells former Palm Beach Post Office to the Breakers for $28M

December 27, 2024December 27, 2024

Billionaire Jeff Greene sold the former Palm Beach Post Office to the Breakers for $28 million.  Records show the developer sold the building at 95

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Here are South Florida’s biggest hotel sales of 2024
Business

Here are South Florida’s biggest hotel sales of 2024

December 18, 2024December 18, 2024

The top 10 South Florida hotel sales of the past year featured some of the biggest institutional names in real estate taking over a handful

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In M deal, Paul Singer’s firm adds Gates Hotel South Beach to growing South Florida portfolio
Business

In $53M deal, Paul Singer’s firm adds Gates Hotel South Beach to growing South Florida portfolio

December 17, 2024December 17, 2024

Less than four months after buying a Brickell office tower, Paul Singer’s firm is still beefing up its South Florida portfolio, paying $53 million for

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Downtown Miami Holiday Inn hit with M UCC foreclosure, as debt woes pop up in South Florida
Business

Downtown Miami Holiday Inn hit with $70M UCC foreclosure, as debt woes pop up in South Florida

December 11, 2024December 11, 2024

The Holiday Inn Port of Miami-Downtown is headed to a foreclosure auction.  Lender Cirrus Real Estate Partners filed a Uniform Commercial Code foreclosure against the

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Chetrit scores financing, new partner for long-awaited Collins Park Hotel in Miami Beach
Business

Chetrit scores financing, new partner for long-awaited Collins Park Hotel in Miami Beach

December 10, 2024December 10, 2024

Chetrit Group is nearing the finish line of a long-awaited Miami Beach hotel project. Joe Chetrit’s firm refinanced its loan on the Collins Park Hotel

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Jeffrey Soffer scores 0M refi for JW Marriott Miami Turnberry Resort & Spa
Business

Jeffrey Soffer scores $550M refi for JW Marriott Miami Turnberry Resort & Spa

December 9, 2024December 9, 2024

Billionaire Jeffrey Soffer is on a refinancing roll, landing a new $550 million loan for his Aventura resort from the same lenders that provided a

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Aldar launches Bjarke Ingels-designed Mandarin Oriental Residences in Abu Dhabi
Business

Aldar launches Bjarke Ingels-designed Mandarin Oriental Residences in Abu Dhabi

November 17, 2024November 17, 2024

Emerati developer Aldar is launching sales for its planned Mandarin Oriental Residences in Abu Dhabi, the latest project in a global swell of branded luxury

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Simon and David Reuben plant flag in Miami Beach, complete 0M-plus purchase of W-branded hotel 
Business

Simon and David Reuben plant flag in Miami Beach, complete $400M-plus purchase of W-branded hotel 

October 29, 2024October 29, 2024

Billionaires Simon and David Reuben are officially entering the Miami Beach hospitality game, acquiring the W South Beach for more than $400 million. Reuben Brothers,

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Ricardo Dunin’s Oak Capital, Edifica propose 832-key Brickell hotel, boosting their development in Miami’s financial district 
Business

Ricardo Dunin’s Oak Capital, Edifica propose 832-key Brickell hotel, boosting their development in Miami’s financial district 

October 16, 2024October 16, 2024

Developer Ricardo Dunin and Peruvian firm Edifica propose a 43-story hotel in Brickell, marking the companies’ continued investment in Miami’s financial district.  North Development, a

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Wheelock lists The Ben West Palm Beach for 8M
Business

Wheelock lists The Ben West Palm Beach for $208M

October 16, 2024October 16, 2024

Wheelock Street Capital is accepting bids for a 208-key hotel along West Palm Beach’s waterfront, starting at $1 million per room. Greenwich, Connecticut-based Wheelock recently

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