Bank Of China Provides $412.3M Refinance Loan For Aventura Hotel
19999 West Country Club Drive
$412,300,000
Building Size
—
Asset Type
Hotel
Closing
Aug 9, 2022
About this deal
AI
A hotel located at 19999 W Country Club Dr in Aventura has been involved in a loan transaction.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $412,300,000
- Lender: Bank of China - Liu Liange
- Landlord: Fontainebleau Development - Jeff Soffer & Brett Mufson
- Brokers: Jordan Roeschlaub & Dustin Stolly - Newmark
The loan amount for this transaction was $412,300,000, and it was a refinance loan. The lender in this deal was Bank of China, represented by Liu Liange. The landlord of the property is Fontainebleau Development, represented by Jeff Soffer and Brett Mufson. The brokers involved in the transaction were Jordan Roeschlaub and Dustin Stolly, representing Newmark.
On the Map
$412,300,000
Hotel
View full map
Players
Aventura Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
Loading comparables…
Deal FAQ
Browse Aventura hotel loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93