The buyer believes "the property can be repositioned to take advantage of the improving hospitality marketplace here in South Florida," according to a managing director at JLL.
July 21, 2021 at 04:16 PM
2 minute read
Florida Bureau Chief
JLL Hotels & Hospitality has arranged a $105 million acquisition financing for the Four Seasons Resort and Residences in Miami’s Brickell Business District.
JLL represented Miami-based firm Fort Hospitality Group to secure the floating-rate loan through the lender, Madison Realty Capital, a real estate private equity firm headquartered in New York City.
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