Milton Towers, a 13-story office building located at 16690 Collins Avenue in Sunny Isles Beach, Fla., recently secured $42 million in refinancing from Ocean Bank. The building, developed by J. Milton & Associates four years ago, spans 246,168 square feet and features 102,000 square feet of office space. Notable tenants include Icahn Enterprises and Affinity Partners, although some tenants like Dwight Capital are in the process of relocating.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $42,000,000
• Landlord: Joseph Milton - J. Milton & Associates
• Lender: Ocean Bank
• Notable Tenants: Jared Kushner, Carl Icahn, Icahn Enterprises, Affinity Partners, Dwight Capital

The refinancing deal for Milton Towers in Sunny Isles Beach, Florida, was facilitated by Ocean Bank and overseen by Joseph Milton of J. Milton & Associates. The property is home to a mix of prominent tenants, including Jared Kushner and Carl Icahn, bringing a diverse range of businesses and organizations to the office building.