Jun
24

Swiss Hotel Investor Scores With TotalBank

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The borrower’s principal is Swiss national Jacques-Gaston Murray.

MIAMI—The Grand Beach Hotel in Surfside and the neighboring Oceanfront Hotel have won lender confidence.Beach House Hotel inked a $50 million refi loan against the Miami Beach hotels. The group is using the money to finance other real estate investments, including building a new hotel.

Both hotels are located on 94th and Collins Avenue. Grand Beach Hotel was built in 2013. The hotel includes six swimming pools, six outdoor hot tubs, a fitness room spa, business center, conference rooms, bars and gift shops…

Swiss Hotel Investor Scores With TotalBank

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