FinanceMiami Provides $5.6M Refinance Loan For Sunny Isles Beach Hotel

Located at 225 179th Street in Sunny Isles Beach, this hotel property recently underwent a refinancing loan transaction. The property consists of 17 keys and has been owned by Richard Valdes, the landlord. The deal was facilitated by financemiami''>FinanceMiami, with Doug Landry, Emile Schachter, and Robert Perea as the lenders.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $5,600,000
• Loan Type: Refinance Loan

FinanceMiami, represented by their broker, was responsible for completing the transaction. This refinancing loan provided a financial boost to the hotel property, allowing for further growth and development in Sunny Isles Beach.