When Avra Jain started redeveloping the historic Vagabond Hotel in 2012, people thought she was crazy. With few tourist destinations nearby, the debris-ridden, mosquito-infested former motel on Biscayne Boulevard in the MiMo District was far removed from the glitzy sophistication of Brickell and South Beach. One of the former Wall Street bond trader-turned-developer’s biggest challenges in launching her rehab projects is getting banks and lenders to believe in her vision, she said. For developers like […]
source https://therealdeal.com/miami/issues_articles/financing-the-blizzard-of-oz-projects/#new_tab
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