Vertix Group, a private lending firm specializing in commercial financing, recently sourced a $14.7 million loan with Stonehill Capital for two hotels located in Florida City: Home2Suites by Hilton at 77 NE 3rd Street and Tru by Hilton at 217 North Krome Avenue.
Vertix acquired a portfolio of notes from Ocean Bank in the first quarter of 2021, which included the assets of two hotels and two commercial office buildings. Working with the owners of the two hotels, who were impacted by the pandemic, Vertix was able to find a favorable lending solution.
“Our role is more than acquiring commercial notes, it involves helping clients by providing either financing or assisting them to find alternative loan options” states Albert Arisso, co-founder and Managing Partner of Vertix Group. “Because of our outstanding lender relationships, we are able to help borrowers successfully refinance their debt.”
Vertix Group, with more than 50 years of combined banking experience, brought together Altamar Financial Group, LLC, a commercial bridge lender, and HAS Capital Group, commercial loan brokers to create a comprehensive commercial lending company.
