Aug. 22 at 7:31 PM
$STWD "Starwood Property Trust Backs
$177 Million Thesis Miami Refinancing" - Starwood Property Trust provided a
$135 million loan as the largest piece of a
$177 million refinancing for Thesis Miami, a prominent mixed-use property in Coral Gables. The Starwood financing covers the property's 204 luxury apartments and retail space, while a separate
$42 million loan from Ramsfield Hospitality finances the 245-room Thesis Hotel. The transaction extends Starwood's longstanding relationship with NRI and highlights its continued ability to deploy substantial capital into high-quality real estate in attractive South Florida markets. For Starwood, the deal further reinforces its position as a major institutional lender with deep expertise in complex, large-scale commercial real estate financing.
