Current, Jan. 29, 8:40 a.m.: Chilean expense business Casa Lodges Team shut on a boutique hotel in South Seaside for $8.1 million.
Casa Accommodations, led by CEO Jose Aguera, purchased the Eva Hotel, a 4-tale, 30-crucial building at 1506 Collins Avenue. The group also owns the Odyssey South Seaside, Casa Ocean and Casa Sofi.
Opera Authentic Estate Investment, led by CEO and lawyer Valerio Spinaci and investor Federico Maria Ionta, represented Casa Hotels in the Eva Resort sale. Roca Gonzalez P.A. dealt with the closing.
Spinaci reported the deal had been in the will work for months. The hotel, which is not at present working, will be renovated and rebranded as a Casa property.
The sale selling price equates to $270,000 for each space.
House data demonstrate the vendor is Loan provider West LLC. The 21,832-square-foot making sits on an 8,000-square-foot lot. It past offered out of foreclosure for $3 million in 2019, court docket records exhibit.
The lodge is future to AxelBeach Miami, the initial U.S. outpost for Axel Inns, an LGBTIQ+ oriented lodge team. AxelBeach is a customer of Spinaci.
Hospitality was amongst the hardest strike sectors previous yr, and few lodges marketed, but some homes are now buying and selling.
Previously this month, developer Ari Pearl and investor Jonathan Leifer compensated $30 million for the Tryp Hotel in Bay Harbor Islands, obtaining the waterfront residence out of foreclosures.
In December, the home at 200 to 212 Collins Avenue in Miami Beach front bought for $6 million to a customer that ideas to open up an upscale boutique apartment-lodge.