Raleigh, Richmond, and South Seas Hotels
In 2019, Deutsche Finance America partnered with its existing luxury development partners to acquire the historic Raleigh Hotel in the heart of Miami Beach. The partners completed the acquisition of the adjacent Richmond and South Seas Hotels in the heart of Miami Beach’s Art Deco district to create a unified assemblage with more than 250 feet of ocean frontage. The three properties, currently closed, will be restored and redeveloped as a luxury hotel and branded residences. Amenities will include a restoration of "the world's most beautiful pool," a new luxury spa and beach club, and several new food and beverage outlets managed by a world-renowned chef.
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