// Deutsche Finance America announced the successful sale of the Raleigh, Richmond, and South Seas Hotels on October 16, 2025. // This development in the heart of Miami Beach’s Art Deco district has more than 250 feet of ocean frontage. The three properties will be restored and redeveloped as a luxury hotel and branded residences. The property will be operated by Rosewood Hotels & Resorts, the ultra-luxury global hospitality brand, and will be designed by famed architect Peter Marino.

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