Kayak Miami Beach Hotel Targeted In $14M Foreclosure

The Kayak Miami Beach hotel could be seized in a $13.68 million foreclosure lawsuit.

VMC Finance LLC filed a foreclosure complaint April 13 against Husha LH VN LLC, according to information confirmed by property data firm Vizzda. It targets the 51-room hotel at 2216 Park Ave., just west of Collins Park and the Bass Museum.

The $13.68 million mortgage was granted in 2018, the same year the hotel was bought for $20 million. According to the complaint, the loan matured Dec. 31, 2022, and the full $13.68 million, plus interest and fees, is due.

The hotel includes the Layla restaurant, the Parasol snack bar and a rooftop pool. Totaling 25,931 square feet, the hotel was built on the 13,600-square-foot lot in 1934 and expanded in 2014.


Source:  SFBJ

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