arts
Four Seasons Resort Palm Beach, East Miami hotel score refi totaling $546M
By Eman Elshahawy at The Real Deal
· July 15, 2026
· 1 min read
Fort Partners and Blackstone Real Estate separately landed nine-figure refinancing mortgages for hotels in Palm Beach and Brickell totaling $546 million. Blackstone Real Estate, led by Nadeem Meghji, secured $205 million from JPMorganChase for the East Miami hotel at 788 Brickell Plaza, in Brickell
Key takeaway Blackstone Real Estate, led by Nadeem Meghji, secured $205 million from JPMorganChase for the East Miami hotel at 788 Brickell Plaza, in Brickell City Centre.
Why this matters in The Miami
The refinancing of the East Miami hotel in Brickell City Centre is a significant development for Miami's hospitality industry, particularly in the Brickell neighborhood. With its 40-story tower and 352 keys, the hotel is a major player in the local tourism scene, attracting visitors from around the world. The $205 million mortgage secured by Blackstone Real Estate will likely be used to further enhance the hotel's amenities, such as its 20,000-square-foot pool deck and South American eatery. As a major hub for Latin American and Caribbean communities, Miami's hotels like the East Miami play a crucial role in hosting international events and conferences, boosting the local economy. The fact that Blackstone Real Estate was willing to invest $300 million in the hotel last year, and now secure a significant refinancing deal, demonstrates the company's confidence in Miami's growing tourism market and the long-term viability of the hotel.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: July 15, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Fort Partners and Blackstone Real Estate separately landed nine-figure refinancing mortgages for hotels in Palm Beach and Brickell totaling $546 million. Blackstone Real Estate, led by Nadeem Meghji, secured $205 million from JPMorganChase for the East Miami hotel at 788 Brickell Plaza, in Brickell
When was this published? This article was first published on July 15, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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