Chilean Lodge Team Purchases Eva South Beach

Valerio Spinaci and 1506 Collins Avenue (Google Maps)

Up-to-date, Jan. 29, 8:40 a.m.: Chilean financial investment company Casa Hotels Group closed on a boutique lodge in South Seashore for $8.1 million.

Casa Motels, led by CEO Jose Aguera, bought the Eva Resort, a 4-story, 30-key developing at 1506 Collins Avenue. The team also owns the Odyssey South Seashore, Casa Ocean and Casa Sofi.

Opera Actual Estate Financial commitment, led by CEO and attorney Valerio Spinaci and investor Federico Maria Ionta, represented Casa Motels in the Eva Resort sale. Roca Gonzalez P.A. managed the closing.

Spinaci claimed the offer had been in the works for months. The hotel, which is not presently working, will be renovated and rebranded as a Casa residence.

The sale price equates to $270,000 for each home.

Property information present the vendor is Loan company West LLC. The 21,832-square-foot setting up sits on an 8,000-square-foot lot. It previous offered out of foreclosure for $3 million in 2019, courtroom information demonstrate.

The lodge is next to AxelBeach Miami, the initially U.S. outpost for Axel Resorts, an LGBTIQ+ oriented lodge team.  AxelBeach is a client of Spinaci.

Hospitality was amid the most difficult hit sectors previous year, and couple of accommodations bought, but some attributes are now investing.

Before this month, developer Ari Pearl and trader Jonathan Leifer compensated $30 million for the Tryp Resort in Bay Harbor Islands, attaining the waterfront residence out of foreclosures.

In December, the house at 200 to 212 Collins Avenue in Miami Seashore sold for $6 million to a customer that ideas to open an upscale boutique apartment-hotel.