Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Florida & Gulf Coast  + Miami + South Florida  + Hospitality  | 
SHVO has secured $190 million in new financing for Miami Beach’s The Raleigh Hotel & Residences.

SHVO Secures $190M Loan for The Raleigh Hotel & Residences, Miami Beach

SHVO has secured $190 million in new financing for Miami Beach’s The Raleigh Hotel & Residences. The loan was provided by BH3 Debt Opportunity Fund II, L.P. led by BH3 Management, and facilitated by Walker & Dunlop’s New York Capital Markets team. 

With a total investment of approximately $1 billion, including an equity contribution of over $300 million, the restoration and expansion of The Raleigh by SHVO – in partnership with Deutsche Finance America and a group of German institutional pension funds – represents one of the single largest investments in Miami Beach. 

Located on 1775 Collins Avenue on a three-acre oceanfront parcel, The Raleigh will redefine Miami Beach’s historic Art Deco district. The design by architect Peter Marino in collaboration with Kobi Karp Architecture will feature a 60-suite full-service hotel managed by Rosewood Hotels & Resorts, a 17-story oceanfront tower with 42 Rosewood-branded residences, and a private member’s club with Michelin-starred dining concepts.

Read More News Stories About: Walker & Dunlop
Connect

Inside The Story

SHVO

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Financing
New call-to-action