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

SHVO has secured $190 million in new financing for Miami Beach’s The Raleigh Hotel & Residences. BH3 Debt Opportunity Fund II, L.P., led by BH3 Management, provided the loan and Walker & Dunlop’s New York Capital Markets team facilitated it. This investment of approximately $1 billion – including an equity contribution of over $300 million – is one of the largest investments ever made in Miami Beach and will redefine its historic Art Deco district with a 60-suite full-service hotel managed by Rosewood Hotels & Resorts, a 17-story oceanfront tower with 42 Rosewood residences and a private member’s club featuring Michelin-starred dining concepts designed by architect Peter Marino in collaboration with Kobi Karp Architecture.