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Sonnenblick-Eichner Co. Arranges $31M Refinancing for Little Palm Island Resort in Florida Keys
Sonnenblick-Eichner Co. has secured a $30.5 million loan to refinance Little Palm Island Resort & Spa, a 30-suite, luxury resort located in Little Torch Key, FL.
The Resort is located on a four-acre private island in the Florida Keys. Accessibility to the Resort is by private boat from Little Torch Key, located approximately three miles to the north. Amenities at the Resort include a full-service fine dining ocean-front restaurant, SpaTerre, a fitness center, dive shop and a swimming pool and an adjacent Palapa Bar. The Resort also features a Marina with three separate docks that can accommodate yachts up to 120 feet in length.
Elliot Eichner and Patrick Brown of Sonnenblick-Eichner secured the financing on behalf of the undisclosed borrower. The loan refinanced a recently matured fixed-rate loan and closed within 30 days of application. Mast Capital and RWN Management provided the financing.
For comments, questions or concerns, please contact David Cohen
- ◦Financing
