(Save the date: RealShare Industrial2012 comes to The Bankers Club,Miami, December 5 - 6.)
MIAMI—In a bizarre turn of events, Miami Beach police showed upon the scene of an alleged attempted takeover of the Eden RocRenaissance Hotel on Sunday. Eden Roc terminatedits management agreement with Marriot and itsRenaissance Hotels & Resorts subsidiary inMarch citing years of property mismanagement and a failure tomaximize the Eden Roc brand—and apparently wanted the propertyback.
After the alleged invasion, Marriot and Renaissance filed for atemporary restraining order. On Tuesday, a New York State SupremeCourt judge granted the petition, which prevents any interferencefrom Eden Roc until a mid-November hearing.
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