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The travel search website has ended its foray into branded hotels.
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Jesta Group plans to leverage provisions of Florida's Live Local Act to build a 30-story residential property along Ocean Drive.
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The failure to close on the sale of 1601 Washington Ave. comes as CEO Elie Schwartz begins repaying investors $53M in allegedly misappropriated funds.
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Regus is moving into a former WeWork building in Miami Beach.
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Another hotel investor purchased the loan backed by the 140-room hotel on Ocean Drive and is pushing for a takeover.
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Cain International and Ennismore have revealed their first look at the Delano Miami Beach renovation set to open in late 2025.
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It is one of the largest hotel financing deals in Miami Beach in a decade.
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Nightingale Properties surrendered its 1601 Washington Ave. Miami Beach office building in lieu of foreclosure.
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Michael Shvo surrendered his Miami Beach office development site in a $28.2M deed-in-lieu-of-foreclosure to Infinity Collective.
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Rivani purchased the 100% leased Lincoln Theater for $37M.
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