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Space Coast Hotel Refinanced for M – Connect CRE

Space Coast Hotel Refinanced for $60M – Connect CRE

Driftwood Capital has secured $60M to refinance the Hilton Cocoa Beach Oceanfront Hotel, a 295-key resort in central Florida’s Space Coast. Berkadia’s Michael Weinberg led a team that arranged the three-year, floating-rate loan with two extension options, full-term...
Codina Unloads Nearly 0M of Industrial Assets – Connect CRE

Codina Unloads Nearly $100M of Industrial Assets – Connect CRE

Codina Partners sold its Beacon Logistics Park in Hialeah for a combined $174.35 million. The buyer of all three parcels was Southeast Commercial LLC. The largest transaction was for $97.82 million, with Codina selling 50 acres at 4121 W. 91st Place. Four buildings...