Hotel - Miami
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ARTIC Refinances 3 Luxury Hotels for $503M
The Qatari investor engaged HFF to source separate loans for the properties in New York, Miami and Washington, D.C. Mack Real Estate Credit Strategies was the lender on each deal.
20 August 2018 13:30 -
Coconut Grove to Welcome Luxury Hotel
The Italian coast-inspired project, which is scheduled for completion in late 2018, will feature a wide array of amenities in the heart of Miami’s historic neighborhood.
13 July 2018 14:41 -
Blackstone Trades $170M South FL Hotel
Brookfield Property Group picked up the 589-key Hilton Fort Lauderdale Marina. The previous owner renovated the 1980s-era asset 10 years ago.
22 June 2018 06:48 -
WPB Marriott Receives $42M Construction Loan
Concord Hospitality Enterprises Co. intends to build a 208-key luxury hotel until the fall of 2019. Aztec Group originated the loan on behalf of the operator.
11 June 2018 06:04 -
AccorHotels, Algeciras to Buy Chilean Hotel Group Atton
The partnership expects to close the deal in the second half of the year, with AccorHotels retaining the option to sell its share in the transaction after five years.
16 May 2018 10:10 -
Midtown Miami Hotel Lands $21M Construction Loan
The 153-room hotel—expected to open in mid-2019—will be situated at the corner of Northeast 34st Street and Biscayne Boulevard, a few blocks away from the Shops at Midtown Miami.
27 April 2018 15:48 -
Chill Deal: Margaritaville Resort in South Florida Sells for $127M
KSL Capital Partners is the new owner of the 349-key flagship property, which will be managed by Davidson Hotels & Resorts.
23 April 2018 11:53 -
Colliers South Florida Expands Hospitality Team
John Wijtenburg has joined the company as vice president. He will be specializing in capital markets, with a focus on hotel and resort investment sales throughout Florida.
13 March 2018 19:27 -
Fort Lauderdale Sheraton Sells, Gets New Management
Everwood Hospitality Partners acquired the 263-key hotel which features more than 10,000 square feet of meeting rooms and event space.
28 February 2018 20:53 -
Spanish Conglomerate Buys $58M Miami Beach Hotel
Paul Weimer and Christian Charre of CBRE Hotels represented seller Rockwood Capital in the disposition of the recently refurbished art-deco property.
12 February 2018 14:58 -
Miami Beach Resort Wraps Up Phase of $22M Revamp
The second phase of the capital improvement program includes the addition of a full-service space, an enhanced fitness center and an open-kitchen Japanese restaurant.
12 February 2018 14:37 -
Proposed Miami Springs Hotel Receives $15M Loan
Boaz Ashbel, managing director of Aztec Group, arranged the construction financing on a behalf of an entity led by Steven Marin and Michael Pfeffer.
31 January 2018 10:28 -
Art Basel Boosts Miami Hospitality
Founded in 1970 in Switzerland, the Modern and contemporary art fair landed in South Florida in 2002. It has improved hospitality demand, CBRE research shows, with unprecedented increases recorded in December 2017.
12 January 2018 13:35 -
Aztec Group Secures $20M Loan for FL Boutique Hotel
The firm worked on behalf of Newgard Development Group. The financing will be used for the construction of The Gale Boutique Hotel, a 96-key lodging project in Fort Lauderdale.
05 January 2018 14:39 -
A Year in Review: South Florida’s Hotel Lending Climate
This year proved to be a challenging one for hospitality owners and developers seeking conventional financing. Rodrigo Azpurua, founder & CEO of Riviera Point Development Group, shares the alternative lending sources he has successfully used to secure capital for projects and what he expects in 2018.
11 December 2017 19:55