Corendon Hotels Purchased Two Miami Beach Properties
The Netherlands-based hospitality group acquired two historic Collins Avenue hotels for over $50 million.
Updated on Oct. 10, 2026 in Hotels
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Corendon Hotels & Resorts has expanded its footprint in Miami Beach by purchasing two boutique hotels on Collins Avenue for a total exceeding $50 million. The company has officially rebranded the properties as Corendon South Beach Miami and Corendon Beach Plaza - South Beach Miami.
Why it matters
This acquisition marks a major entry for the Dutch hospitality group into the Miami Beach market, signaling continued institutional interest in the area's historic Art Deco lodging sector.
The transaction includes a 28,600-square-foot property at 944 Collins Avenue with 97 rooms and 25 suites, plus a 23,180-square-foot building at 1401 Collins Avenue featuring 95 rooms and 31 suites. The 1401 Collins property dates back to 1936.
The players
Corendon Hotels & Resorts
This hospitality firm is a subsidiary of the Netherlands-based Corendon Group.
Adam Nadler
He is the manager of the LLC that served as the seller for the two Miami Beach hotel properties.
Jennifer Jin
She is a real estate professional with Berkadia who represented the seller during the transaction.
The details
The two properties were sold by an LLC managed by Adam Nadler, with Berkadia broker Jennifer Jin facilitating the deal. The investment reflects significant valuation growth for the sites, which were acquired by the previous owner for $16.6 million and $26.5 million in 2024 and 2023, respectively.
Timeline
The previous owner purchased the 1401 Collins Avenue property in 2023.
The previous owner purchased the 944 Collins Avenue property in 2024.
Corendon Hotels & Resorts finalized the acquisition of both hotels in October 2026.
Travel Outlook
This acquisition aligns with the broader Miami Beach Art Deco District commercial real estate investment trend that sees international firms seeking flagship properties. The move follows a period of rapid turnover for these assets, positioning the new ownership to capture demand in the competitive South Beach market.
Travelers planning visits to South Beach should anticipate upcoming changes to amenities and branding as the new ownership integrates these properties into their global portfolio. Guests should verify reservation platforms, as the rebranding to Corendon may result in new booking portals or loyalty program updates.
The takeaway
Historic properties in high-demand tourist corridors often serve as primary targets for international hotel groups looking to establish immediate brand presence. Travelers can expect continued evolution in the boutique hotel landscape as new management teams implement updated service standards.
Further reading
For more information on the local hospitality market, visit Miami Beach Hotels.
Source note: This article includes information reported by The Real Deal New York.
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