09/04/2026
IPA Capital Markets successfully arranged a $75.1 million recapitalization for The Monroe Hotel, an 89-key luxury boutique hotel redevelopment in Miami Beach's renowned Faena District.
The transaction included a four-source capital stack featuring C-PACE financing, construction debt, bridge financing, and historic tax credit equity, positioning the project for its anticipated 2027 opening.
Congratulations to Bobby Werhane, Scott Raasch, Nick Burch, and Richard Williamson for delivering this innovative financing solution and helping position the project for long-term success.
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