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October 15, 2023


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Miami Building, Site of Murder Scene in ‘Scarface,’ Sells for $31M

January 7, 2022

MIAMI BEACH, Fla., Jan. 3, 2021 /Commercialobserver/ Once the scene of an iconic cinematic murder, a South Beach building that now houses a CVS Pharmacy has traded hands for $30.9 million, property records show.  The two-story building sits in a prime Miami Beach spot at 728 Ocean Drive, a popular pedestrian street, facing the beach. It served as a set […]

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A $40 million renovation has turned this former hostel into a Miami Beach gem

November 22, 2021

MIAMI, Fla., Nov. 19, 2021 /MiamiHerald/ From the gorgeous tile to the rich room furnishings to the white-washed Spanish-style paseos winding through small, sunny nooks and courtyards, the new Esmé Miami Beach hotel is a tribute to Española Way’s past — and maybe a barometer of its future. The engaging new design of the hotel on the […]

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Announcing the Opening of Esmé Miami Beach

November 12, 2021

An Artful Collage of Bohemian Grandeur alongside Miami’s Historic Española Way MIAMI BEACH, Fla., Nov. 10, 2021 /PRNewswire/ Infinity Hospitality proudly unveils Esmé, a new boutique hotel located along Miami Beach’s charming pedestrian plaza, Española Way.  The Spanish-Mediterranean revival property was originally known as the “Spanish Village” when it opened in 1927 and was built as a bohemian artist’s colony. […]

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Hotter Than Ever: The Newest Hotels In Miami Beach For 2021

April 26, 2021

Ramsey Qubein | Apr 25, 2021 Even before the Covid-19 pandemic, Miami Beach, as a destination, was hot seeing plentiful hotel openings and high nightly rates for its most popular hotels. With Coronavirus came a penchant for being outdoors and the destination stayed top of mind. Travel Weekly reports tremendous growth for hotels in Florida, Georgia and South […]

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Blank-check company with deep bench of industry veterans launches to raise $200 million for restaurant acquisitions

August 20, 2020

Sandy Beall, founder of Ruby Tuesday, and Doug Jacob of &Pizza serve as co-CEOs of FAST Acquisition Corp. Ron Ruggless | Aug 19, 2020 Founders of restaurant brands ranging from Ruby Tuesday to &Pizza are partnering in a blank-check acquisition company to raise as much as $200 million to buy into unidentified hospitality and restaurant businesses, according […]

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Infinity & Nightingale Sell Kingswood Portfolio In Brooklyn

February 13, 2020

New York, NY February 12, 2020 – A year and half after delivering the first Class-A, full-service, retail and office property in the Midwood neighborhood of Brooklyn, Infinity Real Estate announced that it has sold its Kingswood Portfolio  to Urban Edge Properties for $165 million in an off-market transaction. The recently developed 110,000 square foot […]

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Infinity Real Estate Sells Iconic Miami Beach Property

December 24, 2019

1200 Ocean Drive Sells to Core Ocean Drive LLC for $32.5 Million MIAMI, FL, USA, December 24, 2019 – – Infinity Real Estate LLC (“Infinity”) sold 1200 Ocean Drive (“1200 Ocean”) to Core Ocean Drive LLC, an affiliate of the New York based Applecore Holdings. The property was sold for $32.5 million in an […]

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Banks Struggle to Compete Among Bevy of Alt Lenders | By Mariah Brown,

December 9, 2019

With borrowers willing to pay a premium rate in favor of more leverage and more flexible loan provisions, bridge lenders and alternative lending platforms are finding a robust pipeline of deal flow. New York City, NY – December 09, 2019 – – Debt service coverage, debt yields, and loan-to-value restrictions have challenged the ability […]

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The Experience Factor Spreads Throughout CRE | By Tanya Sterling,

November 15, 2019

“Hospitality and experience are the new buzz words for real estate, and seemingly as common and important as location.” Brooklyn, NY – November 15, 2019 – – Move aside ‘location, location, location.’ Experience has become the new buzzword for commercial real estate. Or if you prefer, the more traditional word ‘hospitality.’ “Hospitality and experience […]

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