FINANCED
Fontainebleau Development Secures $1.175B Fixed-Rate Loan For Miami Beach Hotel
4441 Collins Avenue
Hotel
1,179,177 SF
1,179,177 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Hotel
1,179,177 sqft
4441 Collins Avenue in Miami Beach has recently been involved in a closed property transaction. This transaction was in the hotel asset category, and it took place on November 11, 2019.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $1,175,000,000
- Loan Terms: Fixed-rate
- Units: 1,600
The lenders involved in this transaction were Goldman Sachs, Morgan Stanley, and JP Morgan. The landlord in this deal was Fontainebleau Development. The brokers who facilitated the transaction were Dustin Stolly and Jordan Roeschlaub from Newmark Knight Frank.
It's important to note that the loan provided for this transaction totaled $1,175,000,000. The property is comprised of 1,600 individual units.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jeffrey Soffer, Jordan Roeschlaub & Dustin Stolly
DATE: 11/11/2019
ADDRESS: 4441 Collins Avenue
MARKET: Miami Beach
ASSET TYPE: Hotel
LENDERS: Goldman Sachs, Morgan Stanley, JP Morgan
LANDLORD: Fontainebleau Development
BROKERS: Dustin Stolly, Jordan Roeschlaub - Newmark Knight Frank
LOAN AMOUNT: $1,175,000,000
LOAN TERMS: fixed-rate
UNITS: 1,600View on map
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Address4441 Collins Avenue
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