The Kolter Group: Kolter and BH Seek to Flip Oceanfront Miami Beach Hotel for $110M

Developers Kolter Group and BH Group have decided to sell an oceanfront hotel in Miami Beach for $110 million rather than redevelop the site. The decision also comes as Terra's nearby redevelopment of the historic former Deauville Beach Resort nabbed a key approval this week. Kolter and BH's 1-acre parcel sits at 6985 Collins Avenue, [...]