FINANCED
HB Titan Provides $25M Loan For Recapitalization Of Coral Gables Hotel
1200 Anastasia Avenue
Hotel
56,301 SF
56,301 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Hotel
56,301 sqft
The Biltmore Hotel in Coral Gables has recently undergone a recapitalization with a loan amount of $25,000,000. The loan was provided by HB Titan, represented by Alex Chan and Christian Teixidor. The recapitalization transaction took place on September 14, 2021. The hotel, situated at 1200 Anastasia Ave, spans over 150 acres in the Coral Gables market.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $25,000,000
- Address: 1200 Anastasia Ave, Coral Gables
- Market: Coral Gables
- Acres: 150
Brokers involved in the deal include Scott Wadler, Wyatt Krapf, and Preston Reid from Berkadia. They represented the interests of the parties throughout the transaction.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Preston Reid, Scott Wadler & Wyatt Krapf
DATE: 09/14/2021
ADDRESS: 1200 Anastasia Ave
MARKET: Coral Gables
ASSET TYPE: Hotel ~ ACRES: 150
LENDER: HB Titan - Alex Chan & Christian Teixidor
LANDLORD: The Biltmore Hotel
BROKERS: Scott Wadler, Wyatt Krapf & Preston Reid - Berkadia
LOAN AMOUNT: $25,000,000
LOAN TYPE: RecapitalizationView on map
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Address1200 Anastasia Avenue
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