Tuesday, November 16, 2021

Miami Beach EDITION lands $180 million refinancing package crafted by JLL's Hotels & Hospitality Group

 Miami Beach EDITION, 2901 Collins Avenue, Miami Beach, FL
 

 MIAMI, FL– JLL’s Hotels & Hospitality Group has arranged $180 million in financing for the ultra-luxury, 294-key Miami Beach EDITION hotel in Miami Beach, Florida.

 The Miami Beach EDITION pairs the intimacy and style of a boutique hotel with the amenities of a luxury resort.

 Kevin Davis
Redesigned in 2014, the resort offers traditional guest rooms and suites, including 28 private bungalows and a rooftop penthouse, and direct access to 380 linear feet of beachfront.

Guests enjoy two outdoor pools with lush gardens, a high-end fitness facility, state-of-the-art spa and BASEMENT, an undergound nightclub with a bowling alley and ice skating rink.

The resort is also home to a private oceanfront beach club with approximately 300 active members and offers three high-end food and beverage outlets, Matador Room/Bar, Market at EDITION, and Tropicale and Lobby Bar.

 Located at 2901 Collins Ave., the Miami Beach EDITION occupies a 3.5-acre site in a coveted location between Collins Ave. and the Atlantic Ocean.

Miami Beach continues to be a top leisure destination in the United States hosting domestic and international travelers for events such as Art Deco Weekend, Ultra Music Festival and the Art Basel.

Barnett Wu
The JLL Hotels & Hospitality team representing the borrower was led by Senior Managing Director Kevin Davis and Senior Vice President Barnett Wu.

 JLL’s Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totaling $83 billion worldwide. 

The group’s 350-strong global team in over 20 countries also closed more than 7,350 advisory, valuation and asset management assignments. 

Our hotel valuation, brokerage, asset management and consultancy services have helped more hotel investors, owners and operators achieve high returns on their assets than any other real estate advisor in the world.

 For more news, videos and research resources on JLL, please visit our newsroom.

 Contact: 

 Kristen Murphy

JLL Senior Manager

 Public Relations

Phone: +1 617 848 1572

Email:  Kristen.Murphy@am.jll.com


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