Fontainebleau Miami Beach
MIAMI BEACH, FL—Fontainebleau Development has closed on a fixed rate loan totaling $1.175 billion for its iconic Fontainebleau Miami Beach hotel resort property here.
The refinancing deal was announced by Newmark Knight Frank. The fixed-rate loan was provided by Goldman Sachs, Morgan Stanley and JP Morgan. Newmark Knight Frank vice chairmen and co-heads of debt & structured finance Dustin Stolly and Jordan Roeschlaub, along with Nick Scribani, Chris Kramer, Brett Wilburn and John Gallagher, worked with Fontainebleau Development to secure the refinancing loan funding.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
