The same month, Barcelona, Spain-based Grupo Hotusa also entered the South Florida market by purchasing an Art Deco hotel in ...

The property was bought by a Florida company that owns various hotels, including Kompose Orlando and the Kompose Sarasota.

Last year, Service Properties Trust paid $165 million for the 250-key oceanfront Nautilus Sonesta Miami Beach. Billionaire Larry Ellison’s Lawrence Investments entered the South Florida hotel ...

Approximately 70 percent of the buildings in the city’s north and central Sunny Isles are affected, according to the ...

First-ever observation of continuous subsidence shows as much as 70 percent of high-rises affected in some areas of Miami ...

Researchers have discovered that iconic buildings in Miami are sinking, with some having sunk up to 3 inches in the past few ...

Dozens of luxury beachfront condos and hotels are sinking into the ground at greater-than-expected rates, according to a ...

A study, undertaken by researchers at the University of Miami, was published in the journal Earth and Space Science on Friday. It found that 35 buildings sank about two to eight centimetres – a ...

The effect is like shaking ground coffee around to create more room, one researcher told CNN. But that wasn’t the startling conclusion.