Bill Fuller & Martin Pinilla Of The Barlington Group Secures $5 Million Refinance Loan For Hotel
1450 Southwest 7th Street
$5,000,000
Building Size
—
Asset Type
Hotel
Closing
May 11, 2026
AI
The asset involved in this transaction is a hotel located at 1450 Southwest 7th Street in Miami, featuring a total of 48 keys. The transaction includes a refinance loan amounting to $5,000,000.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $5,000,000
- Lender: Manuel Vidal - Metropolitan Commercial Bank
- Landlord: Bill Fuller & Martin Pinilla - The Barlington Group
- Loan Type: Refinance
- Date of Transaction: 05/12/2026
Manuel Vidal serves as the lender for this refinance transaction through Metropolitan Commercial Bank. The landlords in this transaction, Bill Fuller and Martin Pinilla, represent The Barlington Group, overseeing the property management related to the hotel asset.
Players
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93