**JW Marriott Marquis Miami Secures $79.3M Refinancing**
Madison Realty Capital and Newbond Holdings have originated a $79.3 million loan to MetLife Investment Management and MDM Group for the JW Marriott Marquis Miami. This 357-key luxury hotel is located at 255 Biscayne Boulevard Way in Downtown Miami and is connected to the Wells Fargo Center.
The 41-story property includes 313 rooms under the JW Marriott Marquis brand and 44 rooms under Hotel Beaux Arts, part of Marriott’s Autograph Collection. The Hotel Beaux Arts operates as a “hotel within a hotel.” Originally developed in 2010 by MetLife Investment Management and MDM Group, the property underwent a $16 million renovation in 2023. Further upgrades are planned for 2026.
Amenities at the JW Marriott Marquis Miami include an infinity pool, an NBA-sized basketball court, an entertainment lounge, a full-service spa, a fitness center, upscale dining options, and extensive meeting and event space. Notably, the hotel features the largest ballroom of any luxury property in Miami’s Central Business District.
JLL Capital Markets arranged the financing transaction.
