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ROBERT FINVARB COMPANIES OPENS 198-ROOM SPRINGHILL SUITES BY MARRIOTT IN MIAMI (HEALTH / ARTS DISTRICT) FLORIDA

Miami, FL – November 4, 2009 – Miami-based Robert Finvarb Companies has opened a new Springhill Suites by Marriott in the Miami Health/Arts District of Miami. The 198-room all suite hotel is centrally located near Jackson Memorial and University of Miami hospitals and is only 3 miles from the Port of Miami.

ROBERT FINVARB COMPANIES ACQUIRES 196-ROOM DOUBLETREE HOTEL IN COCONUT GROVE, FLORIDA

Coconut Grove, FL – September 4, 2009 – Miami-based Robert Finvarb Companies acquired the 196-room Doubletree Hotel in Coconut Grove, FL. The Company purchased the property and is operating it as the Hotel in the Grove and plans to convert it to a Courtyard by Marriott within the first six months. The hotel will be open during renovations, which are currently planned for the Lobby, Pool, Meeting Space and Guestrooms and will take place over the next 12-18 months. 

ROBERT FINVARB COMPANIES OPENS 218-ROOM COURTYARD  BY MARRIOTT  HOTEL IN WASHINGTON D.C. / U.S. CAPITOL

Washington D.C. – April 15, 2009 – Miami-based Robert Finvarb Companies has opened a new Courtyard in Washington D.C. The hotel is located in the dynamic submarket that is known as NoMA (North of Massachusetts Avenue) and offers 218 guestrooms together with 2800 square foot of meeting space. The hotel also has 10,000 square feet of ground floor retail, a portion of which is already occupied by full service Au Bon Pan Restaurant. The hotel features the new Business lobby design with Go Board, 24 hours Business and print center, exercise facility and indoor pool.  It is the first Marriott hotel in DC to have a green roof. 

ROBERT FINVARB COMPANIES OPENS 208-ROOM RESIDENCE INN BY MARRIOTT – DESERT VIEW AT MAYO CLINIC IN PHOENIX ARIZONA

Phoenix, AZ – January 10 2009 – Miami- based Robert Finvarb Companies has opened a new Residence Inn in the Desert Ridge section of Phoenix, Arizona.  The hotel is located on the Phoenix campus of the world renowned Mayo Clinic and offers 208 guestrooms together with 1600 square feet of meeting space, a swimming pool with outdoor cabanas, exercise facility, outdoor fire pits and putting green.

ROBERT FINVARB COMPANIES BREAKS GROUND ON 198-ROOM SPRINGHILL SUITES BY MARRIOTT IN MIAMI (HEALTH / ARTS DISTRICT) FLORIDA

Miami, FL – July 30, 2008 – Miami-based Robert Finvarb Companies has broken ground on a 198-room Springhill Suites by Marriott hotel in Miami’s Health District/ Civic Center Submarket.  Construction is scheduled to be completed in November, 2009.

ROBERT FINVARB COMPANIES ANNOUNCES PLANS TO DEVELOP A 198-ROOM SPRINGHILL SUITES BY MARRIOTT HOTEL IN MIAMI, FL.

Miami, Fl. – November 7, 2007 – Miami-based Robert Finvarb Companies acquired a 1.4 acre site within the Miami Health District submarket of Miami, Florida for the purpose of constructing an 198-room Springhill Suites by Marriott hotel. Groundbreaking for this project is expected in May 2008.

ROBERT FINVARB COMPANIES ANNOUNCES GROUNDBREAKING FOR A 208-ROOM RESIDENCE BY MARRIOTT HOTEL IN PHOENIX, AZ.

Phoenix, AZ. – October 25, 2007 - Miami-based Robert Finvarb Companies commenced construction of a 208-room Residence Inn by Marriott Hotel in Phoenix, AZ.  The hotel is located on the 210-acre campus of the Mayo Clinic Hospital. The hotel is scheduled to open for business in January 2009.

ROBERT FINVARB COMPANIES ANNOUNCES GROUNDBREAKING FOR A 218-ROOM COURTYARD BY MARRIOTT HOTEL IN WASHINGTON, D.C.

Washington, D.C. – July 11, 2007 - Miami-based Robert Finvarb Companies commenced construction of a 218-room Courtyard by Marriott Hotel in Washington, D.C.  Mayor Adrian M. Fenty joined the Robert Finvarb Companies, as well as, Marriott International and the Hispanic Hotel Owners Association in the ground-breaking of the city's first Hispanic-owned Marriott Hotel. The hotel is set to open in 2009 in the NoMA (North of Mass Ave) business district of Capitol Hill.

ROBERT FINVARB COMPANIES ANNOUNCES APPROVAL FROM BOARD OF TRUSTEES OF MAYO CLINIC OF ITS PLAN TO DEVELOP A 208-ROOM RESIDENCE INN BY MARRIOTT HOTEL ON THE CAMPUS OF THE MAYO CLINIC IN PHOENIX, AZ

Phoenix, AZ. – February 2, 2007 - Miami-based Robert Finvarb Companies has announced the approval by the Mayo Clinic Board of Trustees of its plans to develop a 208-room Residence Inn by Marriott Hotel on the Campus of the Mayo Clinic in Phoenix, AZ. Construction of this 208-room Residence Inn by Marriott hotel is expected to commence in October 2007. The hotel is situated on the campus of the Mayo Clinic in the Desert Ridge Submarket of the northeast Phoenix metropolitan area.  The 210-acre Mayo campus is intended to be developed with 5,900,000 square feet of inpatient, diagnostic, hospitality, research, education, administration, service and housing facilities servicing Mayo.  The hotel is scheduled to open for business in the Winter of 2008.

ROBERT FINVARB COMPANIES ANNOUNCES GROUNDBREAKING FOR A 134-ROOM RESIDENCE INN BY MARRIOTT HOTEL IN MELBOURNE, FLORIDA

Melbourne, Florida – January 8, 2007 - Miami-based Robert Finvarb Companies commenced construction of a 134-room Residence Inn by Marriott Hotel in Melbourne, Florida.  The hotel is located within the City of Melbourne in east central Florida, also known as Florida's Space Coast. The economy of Melbourne is diversified with defense-related service, technological, manufacturing and tourism industries and is one of the most underserved hotel markets in Florida. The hotel is scheduled to open for business in January 2008.

ROBERT FINVARB COMPANIES ANNOUNCES PLANS TO DEVELOP A 218-ROOM MARRIOTT COURTYARD HOTEL IN DOWNTOWN WASHINGTON, DC

Washington, D.C. – December 15, 2006 - Miami-based Robert Finvarb Companies has closed on the acquisition of land in Washington, DC for the development of a 218-room Marriott Courtyard Hotel. This project will also include 10,000 square feet of retail space that will be developed as shops and restaurants.  Construction of this Courtyard by Marriott hotel is scheduled to commence in August 2007.  The hotel is located within the Capitol Hill submarket of Washington, D.C adjacent to the New York Avenue Metro Station. The New York Avenue Metro station is located one stop north of Union Station and is surrounded by the headquarter buildings of the Bureau Alcohol, Tobacco and Firearms (ATF) and Securities and Exchange Commission (SEC).  The hotel is scheduled to open for business in March 2009.

ROBERT FINVARB COMPANIES OPENS 135-ROOM RESIDENCE INN BY MARRIOTT HOTEL IN TALLAHASSEE (TALLAHASSEE UNIVERSITIES AT THE CAPITOL), FLORIDA

Tallahassee, Florida – December 15, 2006 – Miami-based Robert Finvarb Companies opened the 135-room Residence Inn by Marriott Hotel in Tallahassee, Florida, which includes 5,000 feet of meeting space and 5,000 feet of prime retail space for shops and restaurants.  This project will serve as the first building block for the Gaines Street revitalization. The hotel is located in the heart of downtown Tallahassee and within walking distance to Florida State University, Florida A&M University, the State Capitol Complex, the Tallahassee-Leon County Civic Center, Doak Campbell Stadium, and many City, State, County and Federal Offices/Courthouses.

ROBERT FINVARB COMPANIES ANNOUNCES SALE OF 123-ROOM RESIDENCE INN BY MARRIOTT HOTEL IN CHANTILLY (DULLES AIRPORT SOUTH), VIRGINIA

Chantilly, VA – September 15, 2006 – Miami-based Robert Finvarb Companies sold its Residence Inn by Marriott hotel in Chantilly, VA to Oxford Chantilly, an affiliate of Chicago-based Oxford Capital Group.

ROBERT FINVARB COMPANIES ANNOUNCES ACQUISITION OF 20+ ACRES OF LAND IN LAS VEGAS, NV

Las Vegas, Nevada – August 15, 2005 – Miami-based Robert Finvarb Companies acquired over 20 acres of land, in four separate parcels, off the Strip in Las Vegas, NV.  The Company is in the process of devising its development plans for the properties which are expected to contain hotel, residential, retail and gaming components.

ROBERT FINVARB COMPANIES OPENS 123-ROOM RESIDENCE INN BY MARRIOTT HOTEL IN CHANTILLY (DULLES AIRPORT  SOUTH), VIRGINIA

Chantilly, Virginia – May 23, 2005 – Miami-based Robert Finvarb Companies opened the 123-room Residence Inn by Marriott Hotel in Chantilly, one of the hottest hotel markets in the nation.  Chantilly is home to the National Reconnaissance Center and numerous related defense-contracting firms. 

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