Millbrook Realty Capital Provides $20M Acquisition Loan For One NE 1st Street In Downtown Miami Jewelry District

One NE 1st Street in the Downtown Miami Jewelry District has recently closed a mixed-use property transaction. The property spans across 225,000 square feet, offering a versatile space for various purposes. The transaction took place on January 18, 2024.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $20,000,000
• Address: One NE 1st Street
• Market: Downtown Miami Jewelry District
• Lender: Millbrook Realty Capital
• Landlord: Elysee Investments

The loan, provided by Millbrook Realty Capital, facilitated the acquisition of the property. This acquisition loan amounted to $20,000,000. Elysee Investments acted as the landlord in the transaction, representing their interests in the deal.