Berkadia Brokers Sale of 294-Unit Condominium Hotel in Sunny Isles Beach, Florida
Why this matters
The sale of the Solé Miami condominium hotel in Sunny Isles Beach underscores several critical dynamics within the U.S. hospitality sector, particularly in high-demand markets like Miami. This transaction signals a continued appetite for institutional investment in hospitality assets, despite broader economic uncertainties. The focus on a condominium hotel format indicates a shift towards hybrid models that cater to both short-term and long-term stays, aligning with evolving consumer preferences post-pandemic. From a capital flow perspective, the successful brokerage of this asset suggests that lenders and equity investors remain willing to finance hospitality projects, particularly in markets with robust tourism and residential demand. This could reflect confidence in the recovery trajectory of the sector, as well as a recognition of the potential for value creation through operational efficiencies and enhanced guest experiences. Moreover, the transaction may indicate a strategic repositioning among institutional investors, who are increasingly looking to diversify their portfolios with assets that offer both income stability and growth potential. As the hospitality sector continues to adapt, the ability to attract capital will hinge on demonstrating resilience and aligning with shifting market fundamentals.
Editorial analysis · AI-assisted
On the RET wire
- The fourth Miami story tracked on the wire in June 2026. All Miami coverage →
- Disclosed hospitality deal value tracked in June 2026: $3.8B across 20 reported transactions. All Hospitality coverage →
- 26 stories mentioning Berkadia on the wire in the past 90 days. Berkadia coverage →
Computed from Real Estate Trail’s own tracked coverage
SUNNY ISLES BEACH, FLA. — Berkadia has brokered the sale of Solé Miami, A Noble House Resort, a 294-key condominium hotel located in Sunny Isles Beach, about 20 miles north of downtown Miami. The resort features beach…
External link. Real Estate Trail does not republish source content.
Related coverage — Miami · Hospitality
Rebel Hotel Company Expands National Portfolio with Management Acquisitions of Three Distinctive Lifestyle Hotels
Rebel Hotel Company adds three lifestyle properties to its management portfolio: Circa 39 Miami Beach, Hotel La Jolla, and Coachman Lake Tahoe, with a repositioning for Circa 39 planned for Q3 2026.
Blackstone Lands $205M Refi for Brickell Hotel
JPMorgan Chase has lent Blackstone $205 million to refinance East Miami, the 352-room hotel. EAST Miami is a 352-key full-service hotel in Miami’s Brickell neighborhood. Blackstone purchased the property in 2025 for $…
Deutsche Bank Lends $85M for Miami Beach Condo Tower
Northlink Capita l has secured $85 million of construction financing to develop a Miami Beach luxury condominium project, Commercial Observer has learned. Deutsche Bank provided the loan, which will refinance past deb…
Waste Management Buys 146-Acre Miami-Dade Development Site for $380M
Waste Management has paid nearly $380 million for about 146 acres in Medley, Fla., where the Houston-based company will likely build another landfill, property records show. The land sits parallel to Route 27 at 9515…
Miami Realtors + RWorld expands into Treasure Coast with new merger
Miami Realtors + RWorld has completed its second merger in just over two months, joining with Martin County Realtors of the Treasure Coast to create a single association and multiple listing (MLS) service spanning fiv…
Todd Rosenberg’s Pebb Capital Buys South Beach Office Building
Todd Rosenberg ’s Pebb Capital has purchased the Uno office building in South Beach, as boutique financial firms vie for outposts in Miami. The seven-story building features about 100,000 square feet of leasable space…