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J.P. Morgan And Sculptor Capital Management Provide $565.35M Construction Loan For Development Site In Miami

Property Image
FINANCED
$565,350,000
Gustavo Barroso
Melissa Rose
+ 4

Florida

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Development Site
Financed 10/15/2025
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Property Image
FINANCED

J.P. Morgan And Sculptor Capital Management Provide $565.35M Construction Loan For Development Site In Miami

1428 Brickell Avenue

See Similar Deals
Development Site
Financed 10/15/2025
Gustavo Barroso
Melissa Rose
+ 4
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Summary

FLORIDA
Asset Type:Development Site
Transaction Type:Loan

The asset involved in the transaction is a development site located at 1428 Brickell Avenue in the Miami market. The property is financed through a construction loan totaling $565,350,000. The transaction was executed in a notable and strategic area, potentially positioned for future growth and development.

Summary of transaction details:

The individuals involved in this transaction include landlords Yamal Yidios, John Breistol, Gustavo Barros, and Jack Henry Kapp representing Ytech. The brokerage team from JLL consists of Melissa Rose, Brian Gaswirth, Paul Adams, and Nicole Diaz, who played a crucial role in facilitating this deal.

Players

Brian Gaswirth
45 deals$6.3B volume(305) 421-6554
BROKER

Melissa Rose
JLL
54 deals$3.2B volume
BROKER

Nicole Barba
JLL
17 deals$2B volume
BROKER

Paul Adams
JLL
16 deals$2.6B volume(786) 532-2355
BROKER

JLL
BROKERAGE



Gustavo Barroso
2 deals$566.5M volume
LANDLORD

Yamal Yidios
10 deals$769.6M volume
LANDLORD

3 deals$774.4M volume
LANDLORD

Details

FINANCED
IMAGE: Brian Gaswirth, Nicole Diaz, Melissa Rose, Paul Adams, Yamal Yidios, John Breistol, Jack Henry Kapp & Gustavo Barros DATE: 10/31/2025 ADDRESS: 1428 Brickell Avenue MARKET: Miami ASSET TYPE: Development Site LENDER: J.P. Morgan (@JPMorgan) & Sculptor Capital Management LANDLORD: Yamal Yidios, John Breistol, Gustavo Barros & Jack Henry Kapp - Ytech (@WeareYtech) @1428Brickell BROKERS: Melissa Rose (@MRose2110), Brian Gaswirth (@BGassy), Paul Adams & Nicole Diaz (@NicoleaDiaz_) - JLL (@JLL) LOAN AMOUNT: $565,350,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$565,350,000.00

Monthly NOI$3,769,000.00
Monthly Debt Service$3,573,396.57
Change in Cash Flow$0.00
Refinance Proceeds$0.00