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Blue Road

The historic Berkeley Hotel in Miami Beach reopens after expansion

1610 Collins Avenue Blue Road, a Miami development company led by principals Jorge Savloff and Marcelo Tenenbaum, just announced the re-opening of the historic Berkeley Hotel in Miami Beach. The Argentine investors spent a total of about $43 million on… Continue Reading →

Blue Road buys Redbury South Beach for $32M, plans expansion

The Redbury South Beach, Inset: Jorge Savloff, Marcelo Tenanbaum and Alejandro Viel Temperley A company tied to Heyat Hospitality Group sold the Redbury South Beach Hotel on Collins Avenue for $32 million to Blue Road, which plans to expand the… Continue Reading →

Miami River site near Beckham’s stadium hits the market for $11.8M

Miami River site. Inset: broker Jonathan Molano Rendering of the Beckham stadium with Blue Road’s property on the bottom right A development site along the Miami River was just listed for $11.8 million, near David Beckham’s planned Major League Soccer… Continue Reading →

Blue Road buys another boutique South Beach property for $12M

Hotel 18. Inset: Jorge Savloff and Marcelo Tenenbaum Gemini Real Estate Advisors sold a boutique South Beach hotel to an affiliate of Blue Road for $11.69 million, records show.  Blue Road is adding to its portfolio of boutique properties with the purchase of… Continue Reading →

Blue Road to partially knock down Sadigo Court Hotel in South Beach

Sadigo Court Hotel, Jorge Savloff and Marcelo Tenenbaum Blue Road got approval on Tuesday from the Miami Beach Historic Preservation Board for the partial demolition, renovation and restoration of the Sadigo Court Hotel, one of the rare examples of Colonial… Continue Reading →

Blue Road to renovate, add onto Sadigo Court Hotel in South Beach

Sadigo Court Hotel, Jorge Savloff and Marcelo Tenenbaum Blue Road got approval on Tuesday from the Miami Beach Historic Preservation Board for the partial demolition, renovation and restoration of the Sadigo Court Hotel, one of the rare examples of Colonial… Continue Reading →

Blue Road buying the Crest Hotel Suites in South Beach: $24M

Crest Hotel Suites, Jorge Savloff above and Marcelo Tenenbaum Blue Road is buying the Crest Hotel Suites in South Beach for $24 million, as it boosts its collection of boutique properties, The Real Deal has learned. The deal is expected… Continue Reading →

The Highlands in North Miami selling to EB-5 buyers

The Highlands rendering The Highlands in North Miami is now pursuing Latin America and Chinese EB-5 buyers, as developers shift their strategy amid the condo market slowdown, The Real Deal has learned. The 60-unit, seven-story condominium project, at 13810 Highlands… Continue Reading →

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