Ken Griffin And Scott Srebnick Secure $118 Million Loan For 545 Wyn Office Building In Miami
545 Northwest 26th Street
$118,000,000
$236/SF
Building Size
499,370 SF
Asset Type
Office
Closing
Mar 18, 2026
About this deal
AI
The property asset involved in the transaction is a 10-story office building located at 545 Northwest 26th Street in Miami. The asset encompasses 499,370 square feet and includes both office and retail space. It was recently acquired for $180 million from Sterling Bay.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $118,000,000
- Lender: J.P. Morgan Chase
- Landlord: Ken Griffin - Citadel
- Co-Owner: Scott Srebnick - Goldman Properties
- Leased Tenants: Sony Music Group, Gensler, Gemini
Ken Griffin from Citadel and Scott Srebnick from Goldman Properties secured a loan from J.P. Morgan Chase three months after the acquisition of the property. This transaction highlights the collaboration between prominent figures in the real estate market.
On the Map
$118,000,000
$236/SF
Office
View full map
Players
Miami Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Visit Ken Griffin to view all their deals.
Browse Miami office loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93