Representation of TotalBank in $50 Million Loan to Upscale Miami Beach Hotel

TotalBank, Mortgage Loan Grand Beach Hotel

Representation of TotalBank in their $50 million loan to Grand Beach Hotel Surfside, an upscale hotel in Surfside, Florida. The loan is secured by two buildings on Collins Avenue which contain a total of 341 guestrooms.

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Suzanne M. Amaducci
Chair of Real Estate & Finance
Karyl Argamasilla
Co-Head, CMBS and Real Estate Capital Markets, CMBS Transactional and Workouts Team
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Structured and negotiated acquisitions of Risk Retention Interests through a multi-billion dollar series of transactions subject to the U.S. Risk Retention Rule under Dodd-Frank, a new and complex securities rule developed to help reduce systemic financial risks. To finance certain of the acquisitio...
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Representation of lender in the co-origination of a $265 million loan secured by eight hotels in six states, as well as in the continued representation of the lender in connection with the re-flagging of hotels and extensive hurricane damage.
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Representation of national lender regarding construction loan for conversion of the Dilido Hotel on Miami Beach into a Ritz-Carlton.
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