Posts Tagged: ‘Shore Club’

South Beach Hot Spot Foreclosed on this Month

May 28, 2013 Posted by kingcade

A final judgment of foreclosure has been entered against the Shore Club on Collins Ave. in Miami Beach. The once local hot spot and celebrity hangout has struggled to regain its financial footing since the recession. It is reported that more than $164 million is owed on the property. An online sale of the 309-room hotel has been set for June 25, 2013.

Morgans Hotel Group, which operates the Shore Club as well as the Delano and Mondrian in South Beach, released a statement saying that it “remains committed to managing the hotel to the standards our guests have come to expect.”

Click here to read more about the Shore Club being foreclosed on this month.

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