TPG Acquires Miami Beach Hotel On Collins Avenue For $45.3M From Seller Robert Finvarb

Located at 2912 Collins Avenue in Miami Beach, this property is a hotel that was recently sold in a closed transaction. The sale took place on August 4, 2021, and the buyer was TPG, represented by Jon Winkelried, Jacob Mueller, Matthew Coleman, and Yaman Shukairy. The seller of the property was Robert Finvarb. The sale price for this hotel was $45,300,000. It consists of 150 keys, with a price per key of $302,000.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $45,300,000
• Address: 2912 Collins Avenue
• Market: Miami Beach

The sale of this hotel involved key individuals and companies in the deal. TPG, represented by Jon Winkelried, Jacob Mueller, Matthew Coleman, and Yaman Shukairy, acted as the buyer. On the other hand, the seller was Robert Finvarb. This transaction highlights the collaborative efforts between these parties to complete the sale of the hotel.