Brief
Peachtree Lends $103M in Miami Beach Convention Center Hotel Recap
A joint venture between The Jesta Group, The Lotus Group and Chetrit Group has sealed $103 million of bridge debt for the recapitalization of the Hilton Miami Beach Convention Center Hotel, Commercial
Summary
A joint venture between The Jesta Group, The Lotus Group and Chetrit Group has sealed $103 million of bridge debt for the recapitalization of the Hilton Miami Beach Convention Center Hotel, Commercial Observer can first report.
Peachtree Group originated the loan, which will also fund completion of the 289-key hotel, slated to open in May […]
Source
- Commercial Observercommercialobserver.com
