迈阿密海滩备受瞩目的The Raleigh酒店项目，在经历了六年的停滞开发后，正面临易主。开发商Michael Shvo及其合作伙伴在2019年以约2.43亿美元购得该地块，计划将其打造成豪华目的地，但至今未完成。目前，Nahla Capital已出价约2.75亿美元赢得竞标，但Shvo拥有优先购买权，正试图匹配报价并筹集新资金以保住项目控制权。该项目包含三家相邻的装饰艺术区酒店，因巨额债务和持有成本，其未来去向备受关注。

✨ The Raleigh项目位于迈阿密海滩的黄金地段，由三家相邻的酒店组成，包括Richmond酒店、South Seas酒店以及具有80年历史的Raleigh酒店。该项目于2019年由Michael Shvo及其合作伙伴购得，最初计划打造成一个高端目的地，但开发至今停滞不前，现场仅剩废弃建筑和空地。

💰 Nahla Capital，一家纽约的住宅开发商，已成为The Raleigh项目的新买家，并同意支付约2.75亿美元。然而，原开发商Michael Shvo拥有项目的优先购买权，他正积极寻求匹配此报价，这意味着他需要筹集新的资金来偿还现有合作伙伴，并可能需要安排新的债务或延长现有贷款。

⏳ 该项目的未来发展因一笔1.9亿美元的债务而变得紧迫，该债务将于7月16日到期。贷款方BH3已同意给予三个月的延期，以允许Nahla Capital或Shvo完成收购流程。项目持有方在过去一年中仅利息支出就接近2000万美元，此外还有税费、保险和其他运营成本。

🏗️ Shvo曾设想将该项目重新开发，包括修复酒店、建造海滨俱乐部和餐厅，以及一座由著名建筑师Peter Marino设计的超高端公寓楼。然而，除了初步的场地清理和拆除工作外，该项目从未真正启动，这使得其长期停滞不前，并吸引了新的竞标者。

🏦 Shvo的主要财务支持者之一是德国大型养老金系统Bayerische Versorgungskammer (BVK)。尽管BVK通常不对市场传言和交易猜测发表评论，但其参与表明了对Shvo在美国房地产交易的支持，同时也暗示了项目背后可能存在的复杂金融结构。

Michael Shvo and partners purchased three Miami Beach hotels in 2019.Plans to turn them into a luxury destination were never finished, and the site remains empty.A new buyer is lined up, but Shvo could still match the roughly $275 million offer.

The Raleigh, a prominent condo and hotel project along the glitzy Miami Beach waterfront, could soon change hands after six years of stalled development.

Two people with direct knowledge of sales discussions said Nahla Capital, a New York City based residential builder, has won a bidding process to purchase the property. One of those people said Nahla agreed to pay around $275 million for the project.

They requested anonymity because the sales discussions are confidential.

Real estate developer Michael Shvo. who acquired in the Art Deco district of Miami Beach in 2019 for roughly $243 million, is attempting to match Nahla's offer and retain control of the project, the two people said. They cited a provision that gives Shvo a first right of refusal on bids. To proceed, he would have to raise fresh capital to pay off his partners in the project and also potentially arrange new debt or extend his current loan.

The Raleigh development consists of three adjacent hotels in the Art Deco district of Miami Beach: the Richmond, the South Seas, and the 80-year old namesake property the Raleigh.

Among Shvo's chief financial backers was Bayerische Versorgungskammer, a large German pension system known as BVK that has invested in several US real estate deals with Shvo.

"BVK generally does not comment on market rumors and speculation about transactions," a BVK spokesman wrote in an emailed statement.

A deal could herald a new chapter for the project, which for years has consisted of little more than the derelict remains of the three hotels and a vacant dirt lot.

Shvo has said he would restore and redevelop the hotel properties, build an exclusive beach club and restaurant abutting a famous historic pool at the site, and raise a new ultra-high-end condo tower designed by the star architect Peter Marino.

But aside from preliminary site work, including demolition of existing structures, the development never got off the ground. In January, a team from the commercial real estate brokerage and services firm Newmark was hired by an undisclosed partner in the project to shop it to interested takers, as Business Insider has previously reported.

Helping to push a sale is the project's $190 million of debt, which was due to expire on July 16. BH3, the Miami-based commercial lender and developer that provided the loan, recently agreed to a three month extension to allow the Nahla, or Shvo, to arrange an acquisition, one of the people with knowledge of the deal said.

Holding the property has saddled the current owners with considerable costs. As Business Insider previously reported, the group paid nearly $20 million in interest on the project's loan in 2023, alone, and millions of dollars more in taxes, insurance, and other charges.

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