---
title: "JPMorgan Funnels $205M to Refi Blackstone’s East Hotel in Miami"
url: https://burnaze.com/article/bbf2ae10-f749-4990-9028-b2dccebc6171
source: "Commercial Observer"
original_url: https://commercialobserver.com/2026/07/jpmorgan-east-hotel-miami-brickel-blackstone/
author: "Julia Echikson"
category: "Hotels"
industry: "Lodging & Travel"
segment: "Hotels"
published: 2026-07-13T20:50:20.000Z
modified: 2026-10-31T13:18:48.119Z
image: https://commercialobserver.com/wp-content/uploads/sites/3/2026/07/Nadeem-Meghji-East-Miami-credite-Alice-Moreano_CO.jpg?quality=80&resize=1200%2C630&strip=
---

# JPMorgan Funnels $205M to Refi Blackstone’s East Hotel in Miami

**TL;DR:** J.P. Morgan Chase supplied a $205 million loan to refinance Blackstone's East Miami hotel in the Brickell district. Blackstone purchased the hotel for about $300 million last year from Trinity Investments and Certares Real Estate Management.

*By Julia Echikson, originally published in Commercial Observer on 2026-07-13. [Read the original](https://commercialobserver.com/2026/07/jpmorgan-east-hotel-miami-brickel-blackstone/).*

## Story

**Blackstone Real Estate** has once again landed debt from **J.P. Morgan Chase** to refinance a South Florida hotel.

The bank supplied a $205 million loan backed by the **East Miami** hotel in the Brickell district, property records show. The 39-story hotel houses 352 rooms, including 89 serviced apartments, a 20,000-square-foot pool deck and the **Sugar** rooftop bar, located within the 5 million-square-foot **Brickell City Centre** mixed-use complex at **788 Brickell Plaza**.

New York-based private equity giant Blackstone purchased the 536,070-square-foot asset for about $300 million last year from **Trinity Investments** and **Certares Real Estate Management**. The refinancing appears to be the first loan Blackstone has loaded onto the property, which was completed in 2016. East Miami is one of three hotels in the luxury East brand. The others are in Hong Kong and Beijing.

Just last month, J.P. Morgan Chase funneled $115 million to refinance Blackstone’s oceanfront **W** hotel in Fort Lauderdale. The firm had purchased the 346-room asset for $153 million in 2024.

The financing comes on the back of other major refinancings in South Florida. In April, Trinity Investments and **UBS** nabbed $600 million for the 1,000-room, oceanfront **Diplomat Beach Resort** in Hollywood also from J.P. Morgan Chase and **Citi Real Estate Funding**.

## Entities

- private equity (topic)
- Real Estate (sector)
- Commercial Observer (publication)
- JPMorgan Chase (company)
- Julia Echikson (person)
- UBS (company)
- Blackstone Real Estate (company)
- Trinity Investments (investor)
- Brickell City Centre (location)
- Citi Real Estate Funding (investor)
- hotel refinancing (topic)
- real estate loan (topic)

---
Originally reported by Julia Echikson, Commercial Observer (https://commercialobserver.com/2026/07/jpmorgan-east-hotel-miami-brickel-blackstone/). Summarized by Burnaze (https://burnaze.com/article/bbf2ae10-f749-4990-9028-b2dccebc6171).