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Madison Newbond Hotel Lending Platform Originates $20 Million Loan for the Balfour Hotel in Miami BeachGlobeNewswireSeptember 30, 2022NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Madison Newbond, the institutional lending platform of Madison Realty Capital and Newbond Holdings that provides first mortgages, mezzanine loans and preferred equity to hotel owners and developers nationwide, today announced that it has provided a $20 million loan to FullG Capital’s equity sponsorship group for the acquisition of the Balfour Hotel Miami Beach (the “Balfour”), an independent boutique hotel located at 350 Ocean Drive in Miami Beach, Florida.
Source: AsiaOne