Developer Michael Shvo envisioned turning three Miami Beach hotels into an ultra-luxury destination — but the site has sat ...

Real Estate Michael Shvo’s long-stalled Raleigh Hotel in Miami Beach may have a new future in store — with a potential new owner By Mary K. Jacob Published July 18, 2025, 1:07 p.m. ET ...

MIAMI BEACH, Fla., Jan. 22, 2025 /PRNewswire/ -- SHVO, the ultra-luxury real estate development and investment firm, has named its construction partners at The Raleigh, A Rosewood Hotel ...

The 3-acre Miami Beach development site at 1751, 1757 and 1775 Collins Ave. comes with 220 linear feet of ocean frontage, full approvals and a full building permit in Miami Beach, according to the ...

An aerial view of the Raleigh’s historic Miami Beach hotel pool. "I've been fairly obsessed with the Raleigh Hotel for over a decade now. I've lost the property twice," Shvo reflected.

SHVO acquired the Raleigh, the Richmond and South Seas for a combined $242.5 million and set aside $507.5 million for construction. “No property in Miami Beach is more important than the Raleigh ...

The famous Raleigh Hotel has been sold for $55 million to a pair of owners already familiar with the industry. Sam Nazarian and David Edelstein own the SLS Hotel and W South Beach, which happen to ...