Paseo De La Riviera

Financed the acquisition of an existing hotel parcel and redevelopment into an attractive mixed-use property

Project description:

  • Located directly across from the main entrance to the University of Miami in Coral Gables, FL
  • The development entails the demolition of an existing hotel and the ground-up development of a new mixed-use complex that is currently programmed to include: a ~250 key hotel (with over ~2,500 SF of meeting space), ~210 multifamily rental units, ~35K SF of prime retail and a parking garage with ~620 spaces

Project details:

Location: 1350 S. Dixie Hwy, Coral Gables, FL 33146
Acquisition Date: 2016
Status: Completed in 2020.
Investment profitably exited in Nov 2021.
Open and operating.

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