Ratia Real Estate Development has acquired the 112-key Doral Inn & Suites Miami from an undisclosed seller for $15.85 million. The financing for the acquisition loan was arranged by WD Capital Group and Related ISG represented the seller in the transaction. Other terms and conditions were not disclosed.
WD Capital Group's Managing Principal Emile Schachter served as the exclusive capital markets broker, in partnership with Ordeg Capital, led by Jose Degwitz. The senior loan was provided by W Financial, represented by David Heiden, under a structure designed to facilitate the acquisition.
The Doral Inn & Suites Miami is surrounded by strong corporate demand, abundant retail amenities, and proximity to Miami International Airport.
“This acquisition marks another step in repositioning well-located hospitality assets for long-term institutional performance,” Schachter said in a statement. “Our team structured competitive financing that aligns with the sponsor’s business plan while navigating a rapidly evolving capital markets environment.”