Investor Inks $75.1M Construction Loan for Miami Hotel Redevelopment

Assouline-Busch Capital inked a 75.1 million mid-construction recapitalization of The Monroe Hotel, an 89-key luxury boutique hotel under redevelopment at 3010 Collins Ave. in Miami Beach’s Faena District. Formerly the Red South Beach Hotel, the property is being redeveloped and is scheduled to open in 2027. The five-star boutique hotel will a 5,000-square-foot, full-service restaurant... The post Investor Inks $75.1M Construction Loan for Miami Hotel Redevelopment appeared first on Conn