Lender Arranges Loan for New Marlin Hotel Owner
Grandbridge Real Estate Capital's Adam Lipkin arranges $8.42 million in financing for the owner of the historic Marlin Hotel in South Beach.
September 15, 2015 at 06:59 AM
2 minute read
Dealmakers:Adam Lipkin
The Deal: The Grandbridge Real Estate Capital LLC assistant vice president arranged a seven-year, $8.42 million loan that closed Aug. 28 for MRK Investments LLC, the new owner of the iconic Marlin Hotel in South Beach.
Details: MRK purchased the storied hotel for $9.5 million in a deal with Brazilian developer Mario Valadares da Costa in April.
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