PMG Sells Out 266-Unit One Twenty Brickell Residences in Miami's Brickell

Key Points

• 100% sold out of the luxury 266-unit condominium tower just one year after sales launch

• $413 million in construction financing secured from Ares Real Estate Fund and Monarch Alternative Capital

• Deeded office suites included with each condo—office floors, amenities, and smart-home integration elevate Brickell living

PMG has officially sold out the 37-story One Twenty Brickell condominium tower—just a year after sales began, underscoring the strong demand for its unique live-work model. 

Financing & Market Confidence

• In April 2025, PMG secured $413 million in construction financing from both an Ares Real Estate fund and Monarch Alternative Capital—a landmark deal that covers both the condo and adjacent multifamily towers

• This transaction marks the largest loan in South Florida that year and demonstrates strong lender confidence in PMG’s execution ability

Sales Velocity & Innovation

• After launching roughly a year ago, the condominium tower is now fully sold out, a major feat in today’s competitive market

• PMG’s approach—pairing homes with deeded private office suites—has provided a differentiated live-work advantage, appealing to professionals seeking flexibility and convenience

Design & Amenities

• Designed by Sieger Suarez Architects (exteriors) and Cotofana Designs (interiors), residences span studios to three bedrooms (approx. 452–1,395 sq ft), featuring turnkey interiors, smart-home tech, high-end finishes, and custom cabinetry

• The deeded office suites, located on floors 2–12, include desks, guest seating, Wi-Fi, private elevators, receptionist services, and a reservable eight-person conference room—perfect for entrepreneurs or remote workers

• Over 60,000 sq ft of amenities enhance quality-of-life: infinity pool, owner’s lounge, café and juice bar, pickleball court, kids’ club, wellness spa (sauna, steam, treatment rooms, fitness, yoga lawn), and concierge services

Broader Context: Brickell’s Growth

• Brickell continues to emerge as Miami’s premier business-residential node—often dubbed “Wall Street South”—fueling demand for integrated developments like One Twenty Brickell

• Notably, competing high-end projects such as Mercedes-Benz Places and 888 Brickell Dolce & Gabbana are further elevating the neighborhood’s allure

PMG’s sellout of One Twenty Brickell Residences illustrates how innovative product design—particularly the integration of deeded office suites—can sharply accelerate absorption even amid broader market pressure. With substantial $413 million financing secured, this project solidifies Brickell’s trajectory as a live-work-play epicenter and underscores investor confidence in smart, amenity-rich luxury developments. For real estate investors and developers, it reinforces the value of blending lifestyle and work functions in high-growth urban cores.