The new Moxy Miami Wynwood in Miami, US, has secured a $35.5m senior loan, marking a significant milestone in its financial structuring. 

The financing was arranged by Hunter Hotel Advisors, with Baywood Hotels obtaining the loan from Synovus Bank.

Baywood Hotels vice president Chris Desai was quoted by Hotel Management.net as saying: “Thanks to Hunter, we were able to secure a loan that perfectly aligns with our goals.

“Their expertise and commitment to the deal were instrumental in securing aggressive terms that will fuel the long-term success of our project. The Moxy is the most centrally located hospitality and F&B [food and beverage] project in Wynwood, offering a perfect blend of modern amenities, vibrant design and local flavours. The Moxy is set to become the go-to spot for anyone visiting the neighbourhood.”

Developed via a joint venture between Baywood Hotels and Dolphin Capital Partners, the Moxy Miami Wynwood officially opened its doors in October 2024.  

The hotel is an eight-storey building offering 120 guest rooms and features two restaurants managed by Noble 33, namely Sparrow Italia and Casa Madera. 

The property extends across 110,000ft² and includes amenities such as a fully equipped fitness centre, event spaces, and parking for 49 vehicles.

Baywood Hotels’ portfolio includes brands such as Marriott, Hilton, and InterContinental Hotels Group.

Baywood Hotels and its affiliates employ more than 3,000 associates in the hospitality industry.