Assignment
Trimont was engaged on multiple assignments by major global and European investment banks to provide asset management, servicing, and construction administration on $66 million of senior loans, mezz loans, and client equity interests.
Asset
The Fontainebleau Miami Beach is one of the most historically and architecturally significant hotels on Miami Beach. Originally opened in 1954, it was considered to be the most luxurious hotel on Miami Beach and was a hub of show business and entertain- ment in the 50s and 60s with many perfor- mances by Frank Sinatra, Dean Martin, the Beatles, Elvis Presley, Jerry Lewis, Jackie Gleason, and countless other performers. After completion of its overhaul and renovation in 2008, the oceanfront Collins Avenue resort has 1,504 rooms, two towers, 12 restaurants and bars, and a 40,000 square foot spa. The resort hotel features an oceanfront poolscape with an iconic bow tie shaped pool. The hotel was added to the U.S. National Register of Historic Places in 2008 and with its latest renovations, has blurred the lines between the glamour of the past and the luxury of the present.
Insights
- The Fontainebleau Hotel has been featured in several films and television shows including The Bellboy, Goldfinger, Scarface, Police Academy, The Bodyguard, and The Sopranos.
- The resort contains more than 1,000 feet of beachfront – the longest of any Miami Beach resort property.