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Cirque du Soleil co-founder lands $65M loan for Miami properties

Loan is secured by Little Haiti warehouses and Morningside estate

300 Northeast 60th Street and Guy Laliberte
300 Northeast 60th Street and Guy Laliberte

UPDATED, Dec. 4, 9 a.m.: Cirque du Soleil co-founder Guy Laliberté closed on a $65 million loan for properties near the Magic City Innovation District and a waterfront home in Miami’s Morningside neighborhood.

Property records show Heiva Holdings USA LLC took out about $12.4 million of a larger revolving line of credit from the National Bank of Canada for three warehouses at 300 Northeast 60th Street and an estate at 5851 North Bayshore Drive. Robert Blaine, co-CEO of Groupe Lune Rouge and president of Laliberté’s family office, manages the LLC.

Laliberté’s company paid $6.9 million in cash for the three connected warehouses in Little Haiti about a year ago. The Canadian theater impresario is partnering with Magic City Innovation District developers Tony Cho, Bob Zangrillo and Plaza Equity Partners on the planned $1 billion mixed-use project.

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Montreal-based Lune Rouge, which Laliberté co-founded as well, develops and invests in projects tied to technology, arts, entertainment and real estate.

In November 2017, Heiva Holdings paid $5.5 million for the six-bedroom, former home of Royal Caribbean CEO Michael Bayley, also secured by the mortgage.

A spokesperson for Laliberte said the warehouses are used for office space for Lune Rouge Entertainment.

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