Property Markets Group And Greybrook Realty Partners Secure $161.5M Loan For Co-living Tower In Downtown Miami

A $161,500,000 loan has been secured for a co-living tower located at 400 Biscayne Boulevard in Downtown. The tower consists of 646 units spanning 73,000 square feet. The loan was provided by Centennial Bank and Square Mile Capital.

Summary of transaction details:

• Property Type: Co-living tower
• Transaction Amount: $161,500,000
• Address: 400 Biscayne Boulevard
• Market: Downtown
• Units: 646
• Square Feet: 73,000

The property is owned by Property Markets Group, represented by Kevin Maloney, and Greybrook Realty Partners. The loan was facilitated by Andrew Warman, Jonathan Blank, Lowell Plotkin, and Luis Flores from Saul Ewing Arnstein & Lehr.