MERIDIAN CAPITAL GROUP ARRANGES $17M LOAN FOR ALOFT HOTEL IN MIAMI

by admin

MIAMI — Meridian Capital Group LLC has negotiated a $17 million loan to refinance the Aloft Miami-Brickell in Miami. The 160-room hotel is located at 1001 S.W. Second Ave. in Miami’s financial district. Michael Brown and Brad Beattie of Meridian Capital arranged the 10-year loan with a fixed 4.86 percent interest rate through an unnamed CMBS lender.

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