Miami's 830 Brickell Plaza Secures $57M Construction Loan For Office Tower

Miami's 830 Brickell office tower, located at 830 Brickell Plaza, has secured an increased construction loan of $57 million from Oko Group and Cain International. The loan brings the total funding for the project to $357 million. This 57-story office tower is situated in Miami's financial district and is fully leased. It is set to be completed this year and has already attracted high-profile tenants such as Citadel and Microsoft.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $57,000,000
• Lender: MSD Partners - Michael Dell
• Landlord: Oko Group & Cain International

The increased construction loan for the 830 Brickell office tower in Miami demonstrates the confidence that Oko Group and Cain International have in this project. With high-profile tenants and a prime location in the city's financial district, this office tower is expected to be a significant asset in Miami's real estate market. Michael Dell, representing MSD Partners, has played a crucial role as the lender in facilitating this transaction.