Ocean Drive

Henley Investments Continues Rapid Hotel Growth Acquiring Iconic 81-Room Hotel on Ocean Drive

Retrieved on: 
Thursday, August 15, 2019
Miami-Dade County, Florida, Geography of Florida, Florida, South Beach, Collins Avenue, Ocean Drive, Havana

"We're proud to offer a growing diversity of unique, locally-rooted options to travellers to Miami in partnership with Life House.

Key Points: 
  • "We're proud to offer a growing diversity of unique, locally-rooted options to travellers to Miami in partnership with Life House.
  • The Lord Balfour Hotel is a high-quality existing asset, and we expect Life House Ocean Drive will dovetail perfectly with Henley's existing portfolio," added Garrett Solomon, Henley's Chief Investment Officer for the company's North American operations.
  • Life House Ocean Drive will join Henley's current line of lifestyle hotels in Miami, including 33-key Life House Little Havana on 9th Avenue, 26-key Life House South Beach on Collins Avenue, and 50-key Life House Mid Beach on Park Avenue.
  • Unlike traditional hotel management companies, Life House is backed by institutional venture capital firms which enable the company to develop powerful software systems that create value for real estate owners.