Broker guides $19 million sale of Miami Beach hotel
By Daily Business ReviewDealmakers: Broker Jean Louis Delbeke
The Deal: Delbeke represented the seller in the $19 million sale of the Clinton Hotel and Spa in Miami Beach to North Bethesda, Md.-based East Coast Realty Ventures on June 14.
Details: The 89-room hotel on a 13,000-square-foot lot at 825 Washington Ave. was opened by New York-based Clinton Hotel Investors in 2004 with a historical Art Deco exterior and a contemporary interior. Simon Nemni, a former women’s apparel maker, is a principal of the company and wanted to cash out.
"With a net operating income like this one, it was the best deal on South Beach," Delbeke said.
Designed by French achitect Eric Raphi, the hotel has five ground-floor commercial spaces, meeting facilities, a fitness center, outdoor swimming pool, reflecting pool, restaurant and lobby bar.
Delbeke met the hotel owners through a general contractor who was a mutual acquaintance.
Negotiations took six months, and the contract was signed in February. East Coast, a real estate investment company specializing in the tenant-in-common market, was represented by Lawrence Usher at Marcus & Millichap.
Background: Delbeke is a broker associate at South Beach Investment Realty
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Sales Professional earns international designation for Luxury home marketing expertiseMiami, Florida, July 2007, Jean Louis DELBEKE with S.B.I Realty 1680 Meridian ave Miami Beach Fl 33139 has earned the prestigious Certified Luxury Home Marketing Specialist designation in recognition of his experience, knowledge and expertise in the luxury home market."Delbeke is an example of a real estate professional who has worked to develop market knowledge and the special skills and competencies necessary to provide exceptional service in the fine homes and estates marketplace," said Institute President Laurie Moore-Moore, upon announcing DELBEKE designation. "Affluent buyers and sellers can turn to sales professionals who have this designation and be confident that they have special expertise and experience in the luxury home marketplace."
"I am committed to providing outstanding service to my clients," said Delbeke "the Certified Luxury Home Marketing Specialist designation is evidence of my ability to meet the needs of affluent buyers and sellers. My membership in The Institute for Luxury Home Marketing also provides me with marketing tools and networking capabilities that benefit my clients."
Delbeke is an award-winning real estate professional who has gone through special training and met performance standards in the upper tier market. he has been in real estate since 1997 and specializes in the Residential and Commercial market on Miami and Miami Beach. In the end of the 1990s Delbeke developed several projects with Greg Covin and Alan Lieberman.He then went on to become a license real estate broker, and created a team of realtors named JLD Miami Team.
Skilled in closing high end commercial and residential properties, Delbeke has sold, condos, single family homes, hotels and retail properties through out Miami Beach. Delbeke lives in the gated community of Belle Meade, and is specialized in this neighborhood
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Jean Louis Delbeke of South Beach Investment Realty sells the Clinton Hotel and spa in Miami BeachMIAMI BEACH,FL - (June 14, 2007) - With a 6-month negotiation, The Clinton Hotel & Spa on Miami Beach sells for 19 Million. Jean Louis Delbeke of South Beach Investment Realty, says "With a net operating income like this one, it was the best deal on South Beach!". The Clinton Hotel & Spa formerly owned by Clinton Hotel Investors was purchased by East Coast Realty Ventures.
Newly opened in 2004 and located at 825 Washington Avenue, Miami Beach, The Clinton Hotel's historical Art Deco exterior gives no hint of its ultra-contemporary interior. Designed by french achitect Eric Raphi, this ultra-cool hotel boasts 89 rooms, 5 street-front commercial spaces, meeting / event facilities, a fitness center, outdoor fitness pool, reflecting pool, an Award winning restaurant, a full-service Spa, pool & lobby bar...
Diane Lieberman, owner / Broker of SBI Realty says "This is just one of the many hotels that we will be selling in 2007".
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For the First Time in South Florida, a Free Online Service Offers Videos of Prospect Properties NeighborhoodsMIAMI, FL, April 25, 2007- JLD Real Estate launched its new website that offers the unique On Demand feature at no cost to its subscribers. The service includes videos of your selected properties, surrounding neighborhoods, schools, and nearest shops to out-of-state potential buyers who don’t have the time or the resources to study the market so intensively. On Demand also provides the history and market forecast of the locations.
JLD Miami President, Jean Louis Delbeke, and his team have been working for 10 years with South Beach Investment Realty, a famous boutique brokerage firm with locations in the Biscayne Corridor & Miami Beach. JLD Miami specializes in assisting buyers and sellers of luxury single-family homes, townhouses and condominiums located in Miami and Miami Beach. They also have an excellent track record buying and selling high end hotels on Miami Beach and are well known to the hotel community.
"Miami is an international city and is continuing to move forward economically & socially to remain the vibrant city that attracts multitudes of people from all over the world. Miami is the New York of the 21st century, so it is the best time to get deal in Real estate in Miami before the prices rise."
With this unique feature on its website jldmiami-realestate.com , the JLD team offers to any potential buyer a personalized and trustworthy visit of a prospect property’s neighborhood on a video with detailed knowledge of the history, forecast, and best deal available.
JLD Miami brings this new free feature to the industry where trust and knowledge are the foundation of a relationship between an agent and his customer. JLD Miami has demonstrated that the customer’s needs and satisfaction are of the utmost importance and his team goes the extra mile to ensure that buying and selling real estate with them is a fantastic experience. "You never need to worry about any detail, as the JLD Miami team is diligent and thorough in taking care of our customer’s needs as if the transaction is our own." Jean Luis proudly states.
