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Who is Running The Raleigh Hotel in Miami Now?

Go To The Hotel's Web 
  Site Where: 1775 Collins Avenue [map], Miami Beach, FL, United States, 33139
August 22, 2012 at 1:41 PM | by | Comments (0)

There's a reason we call our coverage of the Miami hotel scene Miami Hotel Mambo--things are always changing down there at a rapid pace. Like what's happened recently with The Raleigh Hotel.

After hottie hotelier Andre Balazs gave up the property a few years ago, we found things to be rather agreeable back in 2010, even if there was a bit of fugly carpeting throughout. Yet the hotel is changing once again.

Currently, the hotel's website says The Brilla Group manages and owns the hotel but according to this report from Miami.com, the hotel has some very interesting new owners--the developer of the W South Beach and SBE Development Group which just opened The SLS South Beach. The hotel is believed to have been sold for just over $55 million.

This new ownership change has us scratching our heads and asking will it be an SBE Hotel or something else? We checked in with SBE and they were not commenting on the sale. But we think their partnership in the property is a good sign it will be a part of their portfolio.

We also know that SBE honcho Sam Nazarian is keen to spin-off The Redbury brand but the Raleigh is probably not the right property for it. For starters, the hotel cannot change its name as it's an iconic South Beach hotel. Second, the Redbury in Hollywood has a residential style feel. We're not sure the rooms at the Raleigh are up to snuff in that sense.

Whatever happens with The Raleigh, the new owners will inject some major energy into the place. Miami.com reports that Michael Schwartz of Michael's Genuine Restaurants in Miami and the Grand Caymans will open a new spot in the hotel with kitchen renovations beginning soon. Perhaps room renovations and fugly carpet removal will also begin soon. Fingers crossed!

Got any scoop on what's happening inside The Raleigh? Send it along! (Anonymity assured.)

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