Fontainebleau Miami BeachFontainebleau Miami Beach

MIAMI BEACH, FL—Fontainebleau Development has closed on a fixedrate loan totaling $1.175 billion for its iconic FontainebleauMiami Beach hotel resort property here.

The refinancing deal was announced by Newmark Knight Frank. Thefixed-rate loan was provided by Goldman Sachs, Morgan Stanley andJP Morgan. Newmark Knight Frank vice chairmen and co-heads of debt& structured finance Dustin Stolly and Jordan Roeschlaub, alongwith Nick Scribani, Chris Kramer, Brett Wilburn and John Gallagher,worked with Fontainebleau Development to secure therefinancing loan funding.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.