Collins Avenue Beach Hotel
1601 Collins Ave, Miami Beach, FL 33139, USA
Oceanfront 220-room hotel in the Art Deco district. Occupancy is seasonal and windstorm coverage is renewed each June; a Category 3 storm closes it for an estimated nine months.
Call the relationship manager- Loan balance
- $39,500,000
- Risk rating
- Watch
- Maturity
- Jun 1, 2027
- LTV %
- 72
- DSCR
- 1.08