The Diplomat Beach Resort in Hollywood, Florida, is set to secure a $575M refinancing package two years after its $835M acquisition by Trinity Real Estate Investments and Credit Suisse Asset Management. The property, located at 3555 South Ocean Drive, features 1,000 keys and is undergoing $36M in renovations to be rebranded as Signia by Hilton by February 2026.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $575,000,000
• Asset Type: Hotel
• Address: 3555 South Ocean Drive - The Diplomat Beach Resort
• Market: Hollywood

The $575M refinancing deal involves several notable lenders, including Citi Real Estate Funding, German American Capital, TD Miami Beach MezzLLC, and PPIB Credit Investments III Inc. Sean Hehir, representing Trinity Real Estate Investments and Credit Suisse Asset Management, is the landlord orchestrating the refinancing transaction.