The Real Deal: Waldorf Astoria tower in downtown Miami scores $33M pre-development loan

January 9, 2019

Property Markets Group landed a $33 million pre-development loan for the Waldorf Astoria Hotel & Residences Miami before the end of the year. BridgeInvest provided the loan, which will be used to finalize approvals and launch condo sales, according to a release. The development will mark the first in Miami for Waldorf, which is owned by Hilton Worldwide Holdings.

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