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**Bloom Hotels Fights to Retain Sixty Sixty Resort Amid $23.67M Foreclosure Judgment**
Bloom Hotels is mounting an effort to retain control of the Sixty Sixty Resort in Miami Beach after a foreclosure judgment of $23.67 million was ruled against it. The property is currently scheduled to be auctioned on January 5, 2026, but the hotel group is hoping to refinance the property before that date.
The 82-unit Sixty Sixty Resort was last purchased in 2020 for $23.5 million. Originally built in 1992, the property was converted into a condo-hotel in 2005. Later, all of the individual condo units were brought under single ownership by Integra Investments and Activate Hospitality, who then sold the property to Bloom Hotels 6060.
The foreclosure judgment was awarded to De Paz Family Investment LLC in Miami-Dade County Circuit Court. The case stems from a $21 million mortgage loan—plus accrued interest and fees—made to Bloom Hotels 6060 in June 2023. The foreclosure lawsuit was filed just weeks after the loan issuance, highlighting rapid financial trouble for the property under Bloom’s ownership.
Bloom Hotels continues to explore refinancing options as it seeks to prevent the forced sale of the resort.
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