Argentine Investors Savloff & Tenenbaum Acquire Berkley Shore Hotel

"berkley shore hotel south beach"

Jorge Savloff and Marcelo Tenenbaum, owners of South Beach hotels such as the Greenview Hotel, Aqua Hotel, Lorraine Hotel, Ocean Reef Hotel, and the Riviere Hotel, have purchased the Berkley Shore Hotel for an undisclosed amount (estimated at $13 million, give-or-take). Renovation plans include the addition of 33 rooms, a swimming pool and roof-top garden. With this week’s Versace Mansion acquisition by Israeli investors, the Nakash family, it will be interesting to see the transformation of South Beach, and if indeed some of these over zealous plans come to fruition.

 

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