JP Morgan And Citibank Refinance Soho House Hotel In Miami Beach For $140M | 4385 Collins Avenue | J.P. Morgan Chase & Company, Citibank | Keith Kurland, Ari Hirt, Adam Schwartz, Aaron Appel, Jonathan Schwartz | Hotel | Loan

Summary

Loan

FLORIDA

Hotel

95,596 sqft

The hotel located at 4385 Collins Avenue in Miami Beach has recently undergone a refinancing transaction. The property, which spans approximately 95,596 square feet, is owned by Soho House.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $140,000,000
Address: 4385 Collins Avenue, Miami Beach
Market: Miami Beach

The lenders involved in the refinancing deal were JP Morgan and Citibank. Walker & Dunlop served as the broker in the transaction, with Aaron Appel, Adam Schwartz, Ari Hirt, Jonathan Schwartz, and Keith Kurland representing the firm.

Players

All
8

Agents
5
Agencies
1
Lenders
2

Keith Kurland

Senior Managing Director

$226.7M Sold

Ari Hirt

Managing Director

$8.7M Sold

Adam Schwartz

Senior Managing Director

$226.7M Sold

Aaron Appel

Senior Managing Director

$266M Sold

Jonathan Schwartz

Principal

$230M Sold

Walker & Dunlop

J.P. Morgan Chase & Company

Citibank

Details

Deal Summary

FINANCED

IMAGE: Adam Schwartz, Ari Hirt, Aaron Appel, Keith Kurland & Jonathan Schwartz DATE: 05/15/2023 ADDRESS: 4385 Collins Avenue MARKET: Miami Beach ASSET TYPE: Hotel ~ SF: 95,596 LENDER: JP Morgan & Citibank LANDLORD: Soho House BROKERS: Aaron Appel, Adam Schwartz, Ari Hirt, Jonathan Schwartz & Keith Kurland - Walker & Dunlop LOAN AMOUNT: $140,000,000 LOAN TYPE: Refinance

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Address4385 Collins Avenue

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