$8M transformation of hotel near Duke University complete

$8M transformation of hotel near Duke University complete

Now under new ownership, the former Brookwood Inn on Elba Street near Duke University’s campus in Durham has completed its conversion into a Cambria-branded hotel.

Cambria Hotels Expands Cambria hotels & suites Brand to Durham, NC

Choice Hotels International, Inc., one of the world’s largets hotel companies, annouced it has signed an agreement with Concord Hospitatlity and the Robert Finvarb Companies to develop a new Cambris hotel & suites in Durham, NC. 

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Robert Finvarb Companies and Concord Hospitality Acquire Brookwood Inn

The independent-owned Brookwood Inn hotel near the Durham VA Medical Center in Durham has been bought by a hotel development firm that’s planning a $6 million renovation and rebranding of the property in 2016. 

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The Courtyard New York Downtown Manhattan/WTC has Topped Out

The future Courtyard New York Downtown Manhattan/World Trade Center has topped out at 133 Greenwich St, and framing proceeds apace. It’s being co-developed by Hidrock Properties and Robert Finvarb Cos. Situated on the perimeter of the World Trade Center site, the hotel will represent a symbolic return for Marriott International when it opens, projected to be in Q1 2016. 

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AC Hotel in mid-Miami Beach Opens

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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Hyatt Centric South Beach Opens

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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Getting to Know the Owners of The Hyatt South Beach

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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 agrees to develop the first ground-up AC Hotel by Marriott in South Florida

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 agrees to develop South Beach’s first full-service Hyatt Hotel

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.

Robert Finvarb Companies, in a joint venture with Hidrock Reality purchases World Trade Center site to develop hotel

Robert Finvarb Companies, in a joint venture with Hidrock Reality, purchased a vacant lot near the World Trade Center site in lower Manhattan with plans to build a 300-room hotel. This property is ideally located within walking distance of NYC’s Financial District and the 9/11 Memorial with easy access to the Statue of Liberty, Ellis Island, South Street Seaport, and SOHO NYC.

Miami based Robert Finvarb Companies acquired the 161-room Springhill Suites in Lincolnshire, IL

Miami based Robert Finvarb Companies acquired the 161-room Springhill Suites in Lincolnshire, IL. The company purchased the property in order to further diversify its portfolio geographically in adding another Marriott Springhill Suites to our portfolio.