Centennial Bank senior vice president Peyton LaCaria and market president for Broward County Heather Zatik. Centennial Bank senior vice president Peyton LaCaria and market president for Broward County Heather Zatik. Courtesy photos

Florida's first Palisociety hotel, an operator of unique and boutique hotels usually in redeveloped historic buildings, will open in a renovated Art Deco building in Miami Beach.

The Palihouse Miami Beach is opening this summer at the former home of the Greenbrier Hotel at 3101 Indian Creek Drive with help from a $9.6 million Centennial Bank loan.

A partnership between developer Scott Robins, whose endeavors include the redevelopment of the Sunset Harbour neighborhood, and Rory Greenberg, founder and head of Miami Beach development and advisory company RB Green Cos., bought the property and embarked on its revival.

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Lidia Dinkova

Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.