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Russell Galbut wants to heighten South Beach hotel, add rooms

Russell Galbut’s Crescent Heights wants to stack two more floors on top of an Art Deco building that is part…

Toronto firm picks up Ocean Drive hotel for $39M

Moto Capital, Leste completed a UCC foreclosure of the Lord Balfour in 2020 A Toronto-based investment firm paid $39.3 million…

Busch family partners with Assouline Capital to buy Red South Beach Hotel

Longtime owner Simon Nemni sold the 110-key hotel for $33M Tom Assouline and members of the Busch beer family hope…

Shore Club to become Auberge: Witkoff, Monroe’s redevelopment approval stands

Owners of the neighboring Setai resort had challenged the May 10th board vote Witkoff and Monroe’s plans to redevelop the…

South Beach lights up with the opening of Moxy South Beach

Moxy South Beach Debuts as a Stylish Playful Celebration of Miami’s Cosmopolitan Culture Moxy Hotels’ First Resort-Style Property Features 202…

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Miami Beach is North America’s leading destination—but we knew that! World Travel Awards names Miami Beach as the continent’s leading destination…

Mezz lender forecloses on Ocean Drive hotel in South Beach

Owner Henley faced $37M in unpaid debt The pandemic brought especially bad timing for the owner of a South Beach…

Loews Miami Beach Gets Some COVID Relief

The owners of the Loews Miami Beach Hotel in Miami Beach have received some payment relief for their $300 million CMBS loan, according…

Inside Three Unique Model Units at the Ritz-Carlton Residences Miami Beach

The Ritz-Carlton Residences Miami Beach may have been completed almost a year ago, but the developers have just unveiled three unique model…

Emerald Construction sues for $4M in unpaid work at South Beach Kimpton hotel

Firm alleges developer Ronny Fiunvarb has not paid more than 50 change orders dating back to last year. A month…