{"id":285511,"date":"2026-05-27T01:18:22","date_gmt":"2026-05-27T01:18:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/285511\/"},"modified":"2026-05-27T01:18:22","modified_gmt":"2026-05-27T01:18:22","slug":"south-street-partners-acquires-sole-miami-on-sunny-isles-beach","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/285511\/","title":{"rendered":"South Street Partners Acquires Sol\u00e9 Miami on Sunny Isles Beach"},"content":{"rendered":"<p class=\"prntac\">Oceanfront Boutique Hotel Sits Directly on Miami&#8217;s Pristine Northernmost Beach,\u00a0Named One of the City&#8217;s Best by Cond\u00e9 Nast Traveler<\/p>\n<p>SUNNY ISLES BEACH, Fla., May 26, 2026 \/PRNewswire\/ &#8212;\u00a0South Street Partners (&#8220;South Street&#8221;), a leading private equity real estate investment and development firm, headquartered in Charlotte and Charleston, have acquired <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4695320-1&amp;h=1755231467&amp;u=https%3A%2F%2Fwww.solemiami.com%2F&amp;a=Sol%C3%A9+Miami\" target=\"_blank\" rel=\"nofollow noopener\">Sol\u00e9 Miami<\/a> (&#8220;Property&#8221; or &#8220;Resort&#8221;) located in Sunny Isles Beach, Florida. The Property is located in exclusive Sunny Isles Beach, a two-mile &#8220;hidden paradise&#8221; in North Miami, offering a relaxed coastal escape with sweeping Atlantic views, direct beach access, and world-class nightlife and shopping just minutes away in South Beach, Bal Harbour and Aventura. The acquisition is a perfect complement to South Street&#8217;s existing hospitality portfolio of exceptional assets located in high-growth, drive-to Southeastern markets.<\/p>\n<p>          <a href=\"#\" class=\"tabfocus\" role=\"button\"><img title=\"Sol\u00e9 Miami\" data-getimg=\"https:\/\/mma.prnewswire.com\/media\/2986442\/South_Street_Partners.jpg?w=500\" id=\"imageid_2\" alt=\"Sol\u00e9 Miami\" class=\"gallery-thumb img-responsive\" rel=\"newsImage\" itemprop=\"contentUrl\" loading=\"lazy\"\/><\/a><\/p>\n<p>        Sol\u00e9 Miami<\/p>\n<p>Located in Sunny Isles Beach, an area often referred to as Florida&#8217;s Riviera \u2013 featuring high-rise condos, top-tier dining, and the popular Newport Fishing Pier \u2013 the Resort is a modern, 249-key full-service condominium hotel with stunning ocean and city views, managed and operated by Noble House Resorts. Featuring five indoor and four outdoor meeting venues, four on-site Food and Beverage outlets and a market, fitness center with steam room and sauna, oceanfront pool and beach with umbrellas, private beach service and dune and beach dining. South Street will focus on significantly elevating the Resort offerings, with plans for guest room and common area upgrades followed by additional improvements.<\/p>\n<p class=\"prnml40\">&#8220;We are pleased to be adding Sol\u00e9 to our South Florida hospitality portfolio, representing our continued conviction in the long-term strength of coastal and beachfront resort real estate,&#8221; said Peter Lunenburg, Principal of South Street Partners. &#8220;The Sunny Isles sub-market of Miami Beach is an attractive target for South Street, representing one of the highest growth RePAR markets in Florida and we are confident that we can deliver exceptional experiences for our guests through continued capital improvement of the asset.&#8221;<\/p>\n<p class=\"prnml40\">&#8220;Sol\u00e9 Miami represents an exciting opportunity to further elevate one of South Florida&#8217;s most naturally compelling beachfront destinations,&#8221; said Sean Mullen, President, Acquisitions, Sales &amp; Revenue Management Noble House Hotels &amp; Resorts. &#8220;Together with South Street Partners, we look forward to building on the resort&#8217;s strong foundation while creating an even more vibrant and experience-driven future for guests and team members alike.&#8221;<\/p>\n<p>About South Street Partners <br class=\"dnr\"\/>South Street Partners, one of the largest owners and operators of private residential club and resort communities in the United States \u2013 including Kiawah Island, Palmetto Bluff, The Cliffs, Barnsley Resort, The Beckwith-Crested Butte, The King and Prince Beach &amp; Golf Resort, PGA National Resort, Sawgrass Marriott Golf Resort and Spa, Naples Grande, The Arizona Biltmore, and Residences at Salamander \u2013 is a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC. Founded in 2009, South Street, on behalf of its SSP GP Funds, their institutional joint venture partners and co-investment vehicles, has deployed over $1.7 billion of equity across resort, residential and commercial properties, and has over $3 billion of assets under management. South Street acts as a principal investment platform as well as an operating partner and co-investor for institutional partners interested in special situations, opportunistic and value-add real estate investments in the Southeast and Sunbelt regions as well as other select continental US and international markets. <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4695320-1&amp;h=1698049720&amp;u=https%3A%2F%2Fsouthstreetpartners.com%2F&amp;a=SouthStreetPartners.com\" target=\"_blank\" rel=\"nofollow noopener\">SouthStreetPartners.com<\/a><\/p>\n<p>About Noble House Hotels &amp; Resorts<br class=\"dnr\"\/>Noble House Hotels &amp; Resorts is a family-owned collection of 30 luxury hotels, resorts, and experiences across North America and Mexico. Noble House can be trusted to unlock the most authentic experiences in the most compelling destinations. The portfolio includes award-winning urban hotels, beachfront resorts, restaurants, spas, marinas, private residences, and the Napa Valley Wine Train. Headquartered in Seattle, Noble House was named one of Travel + Leisure&#8217;s Top 25 Hotel Brands in 2024 and 2025. For more information, visit\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4695320-1&amp;h=2009300632&amp;u=http%3A%2F%2Fwww.noblehousehotels.com%2F&amp;a=www.noblehousehotels.com\" target=\"_blank\" rel=\"nofollow noopener\">www.noblehousehotels.com<\/a>\u00a0or call (877) 662-5387.<\/p>\n<p>About Sol\u00e9 Miami Beach Resort <br class=\"dnr\"\/>At the edge of North Miami Beach, where oceanfront calm meets the vibrant pulse of the city, <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4695320-1&amp;h=50599719&amp;u=https%3A%2F%2Flink.edgepilot.com%2Fs%2F7b349d3c%2FdFOcEfMeAEGr8H5tiKzDkA%3Fu%3Dhttps%3A%2F%2Fwww.solemiami.com%2F%3FNCK%3D8443301853%2526gad_source%3D1%2526gad_campaignid%3D731085553%2526gbraid%3D0AAAAADN5sCdfSDslZ6N13b9jdtSg60fhI%2526gclid%3DCj0KCQjw_IXQBhCkARIsADqELbL_bIj3t5ZwVTN4S99waYDdMeKZY40TU-Q4SHmQ6vF3zOeVifsk52EaAikuEALw_wcB&amp;a=Sol%C3%A9+Miami%2C+A+Noble+House+Resort\" target=\"_blank\" rel=\"nofollow noopener\">Sol\u00e9 Miami, A Noble House Resort<\/a> is an oceanfront condominium resort offering a relaxed coastal escape with sweeping Atlantic views, direct beach access, and world-class shopping in nearby Bal Harbour and Aventura. The resort&#8217;s 249 guestrooms and suites feature private terraces with floor-to-ceiling windows overlooking the Atlantic Ocean or the Intracoastal Waterway. Guests enjoy oceanfront dining at BALEENkitchen, a lively oceanfront pool and bar, beachfront firepits on the dunes, and a collection of stunning venues ideal for meetings, celebrations, and destination weddings by the sea. Sol\u00e9 Miami was acquired by <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4695320-1&amp;h=1564144687&amp;u=https%3A%2F%2Flink.edgepilot.com%2Fs%2F82dac8cb%2FCxj_914j7UaJ6ml-YigjQg%3Fu%3Dhttps%3A%2F%2Fsouthstreetpartners.com%2F&amp;a=South+Street+Partners\" target=\"_blank\" rel=\"nofollow noopener\">South Street Partners<\/a> in May of 2026 and is managed by <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4695320-1&amp;h=2727156901&amp;u=https%3A%2F%2Flink.edgepilot.com%2Fs%2F7a28188a%2FSk7r-eumw0SW64-o0DBzzQ%3Fu%3Dhttps%3A%2F%2Fwww.noblehousehotels.com%2F&amp;a=Noble+House+Hotels+%26+Resorts\" target=\"_blank\" rel=\"nofollow noopener\">Noble House Hotels &amp; Resorts<\/a>. For reservations, call 844-223-5493 or visit <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4695320-1&amp;h=3212131974&amp;u=http%3A%2F%2Fmiami.com%2F&amp;a=Sol%C3%A9Miami.com\" target=\"_blank\" rel=\"nofollow noopener\">Sol\u00e9Miami.com<\/a>.<\/p>\n<p>Media Inquiries<\/p>\n<p>South Street Partners <br class=\"dnr\"\/>Alex Malloy, <a href=\"http:\/\/www.prnewswire.com\/cdn-cgi\/l\/email-protection#89c8e5ecf1c9c8e5ecf1e8e7edfbe8c4e8e5e5e6f0a7eae6e4\" target=\"_blank\" rel=\"nofollow noopener\">[email\u00a0protected]<\/a> <br class=\"dnr\"\/>Morgan Stewart, <a href=\"http:\/\/www.prnewswire.com\/cdn-cgi\/l\/email-protection#97daf8e5f0f6f9d7d6fbf2eff6f9f3e5f6daf6fbfbf8eeb9f4f8fa\" target=\"_blank\" rel=\"nofollow noopener\">[email\u00a0protected]<\/a><\/p>\n<p>SOURCE South Street Partners<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL66628&amp;Transmission_Id=202605261300PR_NEWS_USPR_____CL66628&amp;DateId=20260526\" style=\"border:0px; width:1px; height:1px;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Oceanfront Boutique Hotel Sits Directly on Miami&#8217;s Pristine Northernmost Beach,\u00a0Named One of the City&#8217;s Best by Cond\u00e9 Nast&hellip;\n","protected":false},"author":2,"featured_media":285512,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124,121125],"class_list":["post-285511","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-miami","tag-miami-headlines","tag-miami-news","tag-south-street-partners"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/285511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=285511"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/285511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/285512"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=285511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=285511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=285511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}