$55.5 Million Refinance of Miami Beach Hotel
Owner of The Betsy South Beach Hotel
Representation of the owner of The Betsy South Beach hotel, located on Ocean Drive in Miami Beach, Florida, in connection with a $55.5 million loan from Beal Bank to refinance the property.
Related Practices
RELATED PEOPLE
Practice Group Leader, Real Estate
MORE EXPERIENCE
Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Representation of an energy company in its $9.45 billion all-cash acquisition of another energy company, resulting in the creation of the largest utility holding company in the United States.
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...