Tag: 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 major renovations, construction and land purchases, according to a release.

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 property. Blue Road, led by principals Jorge Savloff, Marcelo Tenenbaum and Alejandro Viel

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 Hotel 18, a two-story, 44-room hotel at 1775 James Avenue.

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 Revival-style of architecture in Miami Beach. The aging structure, which

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 Revival-style of architecture in Miami Beach. The aging structure, which

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 to close this week, Blue Road principals Jorge Savloff and

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 Drive, so far has 23 units in reservation, after launching…