1500 OCEAN DRIVE
DORAL OCEAN BEACH HOTEL & RESORT
THE BATH CLUB
MIDTOWN MIAMI
BROOKMERE
Project: The Bath Club
Miami Beach, Florida
Assignment: Multiple—Acquisition, Land Refinancing and Construction Loan

Principals of NA-CA represented Peebles Atlantic Development Corporation (presently operating as The Peebles Corporation, one of the most prominent and active developers in the nation, headed by R. Donahue Peebles) in the origination of the opportunity to acquire a strategically located 5.5 acre oceanfront parcel on Miami Beach. This 75 year old private membership club, catering to an extremely affluent clientele, was situated on a stretch of oceanfront land in the heart of Miami Beach. Financed the acquisition of the site, subsequent refinancing and $123 million construction loan. The Bath Club is among the top three luxury condominium developments in Miami Beach, with sellout in excess of $200 million.



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