Credit Suisse Refinances Washington, D.C. Hotel And Miami Beach Property For $250M

Hotel property located at 9703 Collins Avenue in Miami Beach, Florida and 923 16th Street NW in Washington, D.C. was recently involved in a loan transaction. The hotel consists of 388 keys and was refinanced for a loan amount of $250,000,000. The lender for this transaction was Credit Suisse. The landlord of the property is Sheikh Faisal Bin Qassim Al Thani, who represents Al Faisal Holding. The deal was facilitated by brokers Dustin Stolly, Jordan Roeschlaub, Chris Kramer, Nick Scribani, Danny Matz, and Joe Morris of Newmark.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $250,000,000
• Address: 9703 Collins Avenue & 923 16th Street NW
• Market: Washington, D.C. & Miami Beach, Fla.
• Keys: 388
• Lender: Credit Suisse
• Landlord: Sheikh Faisal Bin Qassim Al Thani - Al Faisal Holding
• Brokers: Dustin Stolly, Jordan Roeschlaub, Chris Kramer, Nick Scribani, Danny Matz, and Joe Morris - Newmark

The loan transaction involved various key individuals and companies. It is important to mention Dustin Stolly, Jordan Roeschlaub, Chris Kramer, Nick Scribani, Danny Matz, and Joe Morris from Newmark who represented the buyer/seller/landlord/tenant in this deal. These individuals played a crucial role in facilitating the loan refinance for the hotel property.