📊 Topic

Debt Service Coverage and Capital Structure

1 story · First covered Apr 3, 2026 · Latest 2d ago
Debt Service Coverage and Capital Structure Coverage
A 266-Room Miami Beach Hotel Defaulted at $561K Per Key. The Market Didn't Blink.

A 266-Room Miami Beach Hotel Defaulted at $561K Per Key. The Market Didn't Blink.

A celebrity-backed Miami Beach hotel is facing $149 million in foreclosure on 266 rooms while the broader market posts record tourism numbers. The gap between those two facts is where the real distress signal lives.