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Real Estate Rumors: Rialto, Inter Miami, Baywood Hotels

By Andrew McIntyre (June 17, 2020, 3:12 PM EDT) -- Rialto Capital Advisors, the special servicer for a $300 million commercial mortgage-backed loan tied to a Miami Beach hotel, has granted some relief to the borrower of that debt, Commercial Observer reported on Wednesday. Rialto Capital has suspended certain monthly payments on the debt, which is tied to the 790-room Loews Miami Beach Hotel in Miami Beach, for May, June and July, according to the report, which did not name the borrower....

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