Goldman Sachs And J.P. Morgan Provide $630M Loan For 830 Brickell Office Tower In Miami

The office asset located at 830 Brickell Plaza in Miami consists of 650,148 square feet. The recent transaction involves a loan amount of $630,000,000 secured by the property.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $630,000,000
• Loan Amount: $630,000,000
• Loan Terms: five-year, interest-only
• Lender: Goldman Sachs & J.P. Morgan
• Landlord: Jonathan Goldstein - Cain International; Vlad Doronin - OKO Group
• Address: 830 Brickell Plaza
• Market: Miami
• Asset Size: 650,148 SF
• Prior Debt Refinanced: $536.1M from TYKO Capital
• Funding for Reserves: $90M
• Vacancy Rate: 12.8%
• Lending Volumes: Three-year high

The loan secured by the 830 Brickell Plaza office tower is a CMBS refinancing deal, with the financing provided by Goldman Sachs and J.P. Morgan. The transaction reflects the involvement of Jonathan Goldstein from Cain International and Vlad Doronin from OKO Group, representing key stakeholders in the development and operation of the property.