HB Titan Provides $25M Loan For Recapitalization Of Coral Gables Hotel

1200 Anastasia Avenue, Coral Gables, FL 33134, USA

$25,000,000

$444/SF

Building Size

56,301 SF

Asset Type

Hotel

Closing

Sep 14, 2021

AI

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