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AD1 Global Refinances Hotel Portfolio In Florida For $165M

HREC Capital Markets Group brokers loan for $165,000,000 in Florida
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This Hotel property located in FL received a loan of $165,000,000 about 2 years ago. The brokers of the deal were Paul Sexton and Gregory "Greg" Porter

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.

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Deals
  • Location
    1545 Collins Avenue, Miami Beach, FL 331391545 Collins Avenue, Miami Beach, FL 33139
  • Loan Value
    $165,000,000$165,000,000
  • Asset Type
    HotelHotel
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Paul Sexton

Paul Sexton

Deals2
Financed$165M

Agency

HREC Investment Advisors

HREC Investment Advisors

Agency
Deals9
Volume$540M

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Deal Summary

LOAN IMAGE: Greg Porter & Paul Sexton DATE: 01/07/2022 ADDRESS: Hotel Portfolio MARKET: Florida ASSET TYPE: Hotel LANDLORD: AD1 Global BROKERS: Greg Porter & Paul Sexton - HREC Capital Markets Group LOAN AMOUNT: $165,000,000 LOAN TYPE: Refinancing Loan LOAN TERMS: 5-year term, interest only

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HREC Capital Markets Group brokers loan for $165,000,000 in Florida

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