Photo of Faisal Ashraf “We competed with all of the Hall of Fame players” for the Via Mizner financing, Ashraf says,

NEW YORK CITY—Earlier this month, Lotus Capital Partners, a boutique investment banking firm launched in 2016 by industry veteran Faisal Ashraf, announced that it had arranged a $318- million capital stack to finance the construction and recapitalization of Via Mizner, a two-million-square-foot mixed-use project in downtown Boca Raton, FL. Currently in various stages of development, Via Mizner will include a 164-key Mandarin Oriental, the first new luxury hotel this Florida has seen in nearly a century and the largest Mandarin Oriental –branded project developed in the US over the past decade. The financing marks the largest in Florida this year.