Banesco Provides $40.5M Loan For Hotel In Miami Beach

A hotel property located at 236 & 336 21st St in Miami Beach was recently involved in a loan transaction. The property consists of 163 keys and is owned by Think Hospitality. The loan was provided by Banesco for an amount of $40,500,000.

Summary of transaction details

• Property Type: Hotel
• Loan Amount: $40,500,000
• Address: 236 & 336 21st St, Miami Beach
• Market: Miami Beach
• Keys: 163
• Landlord: Think Hospitality
• Brokers: Scott Wadler, Alec Fox, Brad Williamson & Harry M. Mancera - Berkadia

The loan transaction involved the following individuals and companies: Scott Wadler, Alec Fox, Brad Williamson, and Harry M. Mancera from Berkadia acted as brokers in the deal. They represented the buyer, seller, landlord, or tenant in the transaction.