Albert Arisso & Frank Hermosa Of Vertix Group Provide $17.23M Bridge Loan For West Miami Hotel

The property involved in this transaction is a hotel located at 6024 Southwest 8th Street in West Miami, with a total square footage of 342,824. The loan amount secured for this asset is $17,225,000, and it is categorized as a bridge loan.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $17,225,000
• Address: 6024 Southwest 8th Street
• Market: West Miami
• Asset Type Square Footage: 342,824
• Lender: Albert Arisso & Frank Hermosa - Vertix Group
• Brokers: Christian Arrabal - Advise CRE; Marcos Minaya - The Naya Group
• Loan Type: Bridge

The deal was facilitated by Albert Arisso and Frank Hermosa from Vertix Group, who acted as the lenders in this transaction. The brokers representing the deal were Christian Arrabal from Advise CRE and Marcos Minaya from The Naya Group, providing their expertise in the negotiation process.