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Blackstone Lands $205M Refi for Brickell Hotel
JPMorgan Chase has lent Blackstone $205 million to refinance the East Miami hotel. EAST Miami is a 352-key full-service hotel in Miami’s Brickell neighborhood. Blackstone purchased the property in 2025 for $300 million. Trinity Investments and Certares Real Estate Management were the sellers.
The 39-story tower is located at 788 Brickell Plaza. The hotel opened in 2016 as part of the first phase of Brickell City Centre, a $1.1 billion, 5 million-square-foot complex developed by Swire Properties.
Designed by Arquitectonica, EAST Miami includes 255 rooms, 89 residences and eight suites with floor-to-ceiling windows and private balconies. Amenities feature a rooftop bar dubbed Sugar, a swimming pool with a bar and lounge spaces, a signature restaurant, a fitness center, wellness facilities, a tearoom and the Domain, a part café, part coworking space at the property’s lobby-level. Additionally, the 536,070-square-foot building includes multiple conference rooms and meeting venues.
