The newly constructed AC Hotel, at 2912 Collins Avenue, across from the Miami Beach Edition, has 150 rooms in seven stories, with an eighth-floor, rooftop pool with panoramic views. The hotel is the first ground-up of its kind in the U.S.,” Robert Finvarb, president of Robert Finvarb Companies, told The Real Deal.
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The newly constructed AC Hotel, at 2912 Collins Avenue, across from the Miami Beach Edition, has 150 rooms in seven stories, with an eighth-floor, rooftop pool with panoramic views. he hotel is the first ground-up of its kind in the U.S.,” Robert Finvarb, president of Robert Finvarb Companies, told The Real Deal.
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When hotel developer Robert Finvarb underwrites an opportunity, he goes in with his eyes wide open, understanding that there’s a very high probability market conditions will change in the two or three years before the structure is built. He conservatively structures transactions to be able to weather the inevitable storm that will come during his ownership.
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Robert Finvarb Companies finalized an agreement with Marriott International to build the first ground-up AC Hotel in the United States in Miami Beach. This new hotel will combine its European design with a cutting edge 150-room hotel in the most dynamic tourist destination in the world.
Robert Finvarb Companies and Hyatt Hotels have executed a franchise agreement for the development of a 105-room Hyatt Hotel together with more than 9,000 square feet of retail space in the heart of South Beach at the corner of 16th street and Collins Avenue. This project represents the first Hyatt branded hotel in Miami Beach.
