AvantStay operates a hospitality platform focused on luxury short-term rentals. It uses a proprietary tech suite to power bookings, manage on-site and remote operations, and enhance guest interactions across a portfolio of about 2,000 properties in 150+ cities. The company earns revenue from property management fees, booking commissions, and strategic partnerships, including distribution via Homes & Villas by Marriott International and direct bookings on 60+ OTAs. Its differentiators include tightly curated guest experiences, scalable tech-enabled operations, and a large, diversified portfolio supported by strategic collaborations. AvantStay aims to redefine how travelers experience short-term stays by delivering high-quality, consistent experiences at scale and growing its market presence in the luxury segment.
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Industries
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$241.9M
Headquarters
Austin, TX
Founded
2017
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Total Funding
$241.9M
Above
Industry Average
Funded Over
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Listings in North Miami Beach. Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice. Last updated 4 seconds ago Talk to a human Want to know more? Drop your details and Josh Stein Realtor, PA will get right back to you. The TCO itself was reported a month earlier. On 28 August 2026, Florida YIMBY wrote that KAST Construction had announced the milestone, and that the TCO "allows occupancy to begin while remaining construction and closeout work continues across the property." That report described the building as 15 stories rising approximately 192 feet, with a 396-space parking garage; the developers' 29 September announcement describes it as 16 stories. Both reports give 254 residences. Who built it. Per Florida YIMBY, 29 September 2026: design by Carlos Ott, with Frankel Benayoun Architects Inc. as architect of record; KAST Construction as general contractor; Urban Robot for the common areas, residence interiors and landscaping. Fortune Development Sales handles exclusive sales and marketing. The residences and the rental programme. The announcement, as reported by Florida YIMBY on 29 September 2026, describes fully furnished studios through three-bedroom condominiums and a collection of three- and four-bedroom townhomes, with interiors from 531 to 2,438 square feet. Florida YIMBY's 28 August 2026 report states that owners can rent their units "without minimum rental restrictions." AvantStay is named as the preferred property manager for short-term rental operations, with an on-site team handling check-ins, check-outs and housekeeping for owners who take part. Owners can also live in their residences themselves, per the 29 September 2026 report. Amenities listed in the same announcement include a three-story arrival lobby, a two-story technology hub with coworking space, a pool deck and jacuzzi, three summer kitchens, a rooftop observatory deck, a fitness centre with a yoga studio, a children's playground, a clubroom, an event area and an outdoor movie theatre. The developers, in their own words. Edgardo Defortuna, CEO of Fortune International Group, quoted by Florida YIMBY on 29 September 2026: "Reaching delivery is the moment a vision becomes a place people can actually walk into and call home." Jorge Savloff, CEO of Blue Road, in the same report: "Residents and renters can now experience firsthand what we set out to build." What delivery changes for a buyer. Until now, a buyer at Nexo was buying from renderings and a contract. From here the building starts to produce a public record: the county will assess each unit, closings will post as recorded sales, and the first resales will show what these units trade for once they are no longer new. Two practical points. First, a TCO is not the final certificate of occupancy; the 28 August 2026 report notes closeout work was continuing. Second, in a building designed around short-term rental, the terms that decide an owner's income, including the rental programme agreement, the management fee split and the association's own rules, sit in documents rather than in the announcement. Read them before you rely on a rental figure. The price history on this project is worth knowing. When the tower topped off, Florida YIMBY reported on 3 June 2025 that "pricing begins in the $599,000s"; the 29 September 2026 announcement gives the remaining inventory as "starting in the $685,000s." Both are developer asking prices, not recorded sales. For the full building page, including the timeline from launch to delivery, see Nexo Residences. For other buildings nearby, see North Miami Beach. Reports checked 29 September 2026. JSR did not seek comment. Get this building's public record as it posts. Nexo's first closings and resales will land on the Miami-Dade record over the coming months. Tell Josh you want the building and he'll send the recorded sales as they appear, not the asking prices. How has your building held its value? The Miami Condo Index ranks Miami condo buildings by their county sale records: real price per square foot, turnover and four-year change.
EIN.: 813773100 | State of Incorp.: DE | Fiscal Year End: 1231Type: D | Act: 33 | File No.: 021-590438 | Film No.: 261169754
Avantstay has filed a notice with the US Securities and Exchange Commission to raise up to $50.9 million in new funding. The filing was made under Regulation D or Section 4(a)(5) of the Securities Act of 1933, which allows companies to sell securities without registration. Avantstay operates as a luxury vacation rental management company, providing an online platform for guests to book short-term accommodations. The company leases and manages furnished properties in desirable markets, offering property management and real estate services to help homeowners maximise earnings. The Los Angeles-based firm focuses on delivering exceptional guest experiences through technology-enabled operations and high-quality concierge-style support.
Movers: Cushman hires Acre co-founders to expand retail business. Plus, Cervera brought on seasoned sales director; real estate attorney Jessie Lindimore joined Weiss Law Cervera Real Estate appointed Michelle Rojas, an industry veteran with over 30 years of experience, as vice president of sales and operations. She will oversee firm-wide compliance, lead operational strategy and head sales coaching and development for the family-owned residential brokerage's nearly 400 agents. Apex Capital Realty promoted Jason Abitbol to senior vice president of investment sales. Since joining Apex in 2019, he has closed over $177 million in transactions, according to a news release from the Miami-based commercial brokerage. Real estate attorney Jessie Lindimore joined Weiss Law as senior counsel. She previously was a real estate attorney at Clark Hill and Greenberg Traurig. Her practice includes acquisitions, dispositions, development, leasing, sale leasebacks, lending and commercial finance transactions, as well as related municipal and business transactions. She has closed CMBS, agency and conventional commercial loans for lenders and borrowers, according to a news release from the boutique South Florida law firm. Cushman & Wakefield hired veteran retail brokers Aracibo Quintana as executive managing director and Marty Arrivo as executive director in Miami to expand its South Florida and Americas retail business. The duo, who previously worked for RIPCO Real Estate and co-founded Acre, bring decades of experience working with major brands like Apple, Nike and Related Companies, according to a news release from the national brokerage. In their new roles, they will capitalize on South Florida's booming retail market while collaborating with Cushman & Wakefield's teams in gateway cities to support client expansion and portfolio strategies. A Los Angeles-based hospitality management company is expanding in South Florida. AvantStay partnered with Nexo Residences, a 254-unit North Miami Beach condo development slated to open by the end of the year, the South Florida Business Journal reported. The company will serve as the preferred property manager for the 16-story project, overseeing short-term rental operations. Developed by Fortune International Group and Blue Road, the property features units with prices starting near $600,000. It features a rooftop deck and a co-working hub.
AvantStay opens Sense28 hotel in Miami. AvantStay has expanded its hotel portfolio to Miami with the opening of Sense28, an AvantStay Hotel. The company selected Miami's Edgewater neighborhood for the property for its rapid growth and proximity to the city's cultural and creative hubs. Sense28 is designed for group travel and extended residential-style stays. The 52 units, including one- and two-bedroom suites, feature full kitchens and living areas. Amenities include a pool, on-site garage parking, a staffed lobby, the option for contactless check-in and checkout and other concierge services, such as fridge stocking and IV therapy. "Sense28 reflects AvantStay's ongoing growth and our ability to expand into high-demand urban markets where design-forward hospitality meets strong business fundamentals," said Sean Breuner, CEO/founder, AvantStay. "As we continue to scale, our focus remains on creating differentiated stays that deliver long-term value - for our guests, our partners and the communities we operate in."
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Industries
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$241.9M
Headquarters
Austin, TX
Founded
2017
Find jobs on Simplify and start your career today
We update AvantStay's jobs every few hours, so check again soon!Browse all jobs