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118 Southwest South River D...

Manuel Vidal Of Metropolitan Commercial Bank Provides $5.5M Refinance Loan For Hotel In Miami
FINANCEDHotel

Manuel Vidal Of Metropolitan Commercial Bank Provides $5.5M Refinance Loan For Hotel In Miami

118 Southwest South River Drive

$5,500,000

Building Size

Asset Type

Hotel

Closing

Feb 19, 2026

AI

The property involved in the transaction is a hotel located at 118 Southwest South River Drive in Miami, featuring 72 keys. The loan amount for this property is $5,500,000, and the loan type is a refinance.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $5,500,000
  • Lender: Manuel Vidal - Metropolitan Commercial Bank
  • Landlord: Avra Jain - The Vagabond Group
  • Market: Miami

Manuel Vidal, representing Metropolitan Commercial Bank, facilitated the loan for the refinancing, while Avra Jain, with The Vagabond Group, is the landlord associated with this property transaction.

Players

Manuel Vidal

Metropolitan Commercial Bank

Lender

$10.5M

vol

4 deals

Lender
Metropolitan Commercial Bank
Metropolitan Commercial BankLender

Avra Jain

Landlord

$76.2M

vol

12 deals

Landlord

Miami Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93