AD1 Global Refinances Hotel Portfolio In Florida For $165M
FINANCED
$165,000,000
Florida
See Similar DealsHotel
Financed 01/07/2022
FINANCED
AD1 Global Refinances Hotel Portfolio In Florida For $165M
1545 Collins Avenue, Miami Beach, FL 33139
See Similar DealsHotel
Financed 01/07/2022
Summary
FLORIDA
Asset Type:Hotel
Transaction Type:Loan
AD1 Global has refinanced its hotel portfolio in Florida with a loan amount of $165,000,000. The loan, provided by an undisclosed lender, is a 5-year term with interest-only payments.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $165,000,000
- Address: Hotel Portfolio
- Market: Florida
The refinancing deal was facilitated by brokers Greg Porter and Paul Sexton from HREC Capital Markets Group, who represented AD1 Global in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$165,000,000.00
Monthly NOI$1,100,000.00
Monthly Debt Service$1,042,912.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions