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1100 Brickell Bay Drive
FINANCED

Florida East Coast Realty Secures $419.6M Refinance For Panorama Tower In Miami

1100 Brickell Bay Drive

Office
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Summary

Loan
FLORIDA
Office

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $419,600,000
  • Address: 1100 Brickell Bay Drive, Miami
  • Market: Miami
  • Lender: Greystone Commercial Capital
  • Landlord: Tibor Hollo, Wayne Hollo & Jerome Hollo - Florida East Coast Realty
  • Broker: Kerry Rosenthal - Rosenthal Rosenthal Rasco
  • Loan Type: Refinance
  • Loan Terms: 5 year term and a 35-year amortization

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Kerry Rosenthal's profile picture
Kerry Rosenthal
Rosenthal Rosenthal Rasco-image
Managing Member

Details

Deal Summary
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FINANCED
IMAGE: Kerry Rosenthal, Tibor Hollo, Jerome Hollo & Wayne Hollo DATE: 02/15/2024 ADDRESS: 1100 Brickell Bay Drive MARKET: Miami ASSET TYPE: Office LENDER: Greystone Commercial Capital (@Greystonecref) LANDLORD: Tibor Hollo, Wayne Hollo & Jerome Hollo - Florida East Coast Realty (@FloridaEastCoastRealty) BROKER: Kerry Rosenthal - Rosenthal Rosenthal Rasco LOAN AMOUNT: $419,600,000 LOAN TYPE: Refinance LOAN TERMS: 5 year term and a 35-year amortization NOTE: Florida East Coast Realty, led by the Hollo family, secured a $419.6 million refinancing for Panorama Tower in Miami's Brickell, defying national lending trends. The deal, provided by Greystone Commercial Capital, includes a $334.6 million Freddie Mac senior loan, contributing to the tower's status as the tallest residential building on the Eastern Seaboard south of New York. EastCoastRealty

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