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1100 Biscayne Boulevard & 3480 Main Street
FINANCED

CGI Merchant Group Secures $101.9M Loan From Madison Realty Capital For Hotel And Office Properties In Downtown Miami And Coconut Grove

1100 Biscayne Boulevard & 3480 Main Street

2,081 SF
clock iconFinanced 1 year ago
Zachary Oppenheim
Marci DeClaris
Madison Roberts
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Summary

Loan
FLORIDA
2,081 sqft

Two properties, a hotel and an office, have been involved in a recent transaction in Downtown Miami and Coconut Grove. The hotel, located at 1100 Biscayne Boulevard, consists of 129 keys, while the office, located at 3480 Main Street, spans a total of 54,862 square feet. The deal took place on 02/22/2022.

Summary of transaction details:

  • Property Type: Hotel
  • Property Type: Office
  • Market: Downtown Miami
  • Market: Coconut Grove
  • Loan Amount: $101,900,000

The lender for this transaction was Madison Realty Capital, represented by Josh Zegen. The landlord, CGI Merchant Group, was represented by Raoul Thomas. Surya Capital Partners, represented by Adi Chugh, acted as the broker involved in the deal.

Players

  • All

    10

  • Agents

    7

  • Agencies

    2

  • Lenders

    1

Zachary Oppenheim's profile picture
Zachary Oppenheim
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Real Estate Broker
$7.2M Sold
Marci DeClaris's profile picture
Madison Roberts's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Raoul Thomas, Josh Zegen & Adi Chugh DATE: 02/22/2022 ADDRESS: 1100 Biscayne Boulevard & 3480 Main Street MARKET: Downtown Miami & Coconut Grove ASSET TYPE: Hotel ~ KEYS: 129 & Office ~ SF: 54,862 LENDER: Madison Realty Capital (@MadisonRealtyCapital) - Josh Zegen (@JZegen) LANDLORD: CGI Merchant Group - Raoul Thomas BROKER: Surya Capital Partners - Adi Chugh LOAN AMOUNT: $101,900,000

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Address1100 Biscayne Boulevard & 3480 Main Street

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