Gemini Real Estate Advisors acquires two hotels to be rebranded under the Jade Hotel portfolio

Gemini Real Estate Advisors acquired two new properties that will become part of Gemini’s growing Jade Hotel portfolio. The hotels, which will be designed to align with the boutique lifestyle brand, are located in Manhattan’s Seaport district and Florida’s Miami Beach. These developments will become the third and fourth Jade properties, following the successful Jade Greenwich Village and under construction Jade Bryant Park.

The seven-story Jade Hotel Seaport located at 33 Peck Slip will have 72 guestrooms, including 10 suites with outdoor terraces overlooking the Brooklyn Bridge. Led by design firm Atelier & Co., the hotel’s façade and interior will draw upon the historic Seaport and Colonial Williamsburg as inspiration. The Jade Hotel Seaport, along with its bar and restaurant, will open in mid-2015.

The Jade Hotel Miami Beach, centrally located in the heart of Miami Beach on 18th Street and James Avenue, will open in early-2016 after completing an expansion. The hotel will have a restaurant, bar and 70 guestrooms that overlook a landscaped courtyard and garden.

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After the success of The Jade Greenwich Village, which opened in March 2013, Gemini embarked on expanding the brand by building another ground-up Jade Hotel in Midtown Manhattan. The exterior of the 114-room, 20-story Jade Hotel Bryant Park will have a restaurant, bar and public rooftop terrace, and will open in late-2015.