Property Markets Group And Greybrook Realty Partners Secure $161.5M Loan For Co-living Tower In Downtown Miami | 400 Biscayne Boulevard | Centennial Bank, Square Mile Capital | Luis Flores, Lowell Plotkin, Andrew Warman, Jonathan Blank | Other | Loan

Summary

Loan

FLORIDA

Other

73,000 sqft

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.

Players

All
7

Agents
4
Agencies
1
Lenders
2

$58M Sold

Saul Ewing Arnstein & Lehr

Centennial Bank

Square Mile Capital

Details

Deal Summary

FINANCED

IMAGE: Kevin Maloney & Luis Flores DATE: 09/12/2019 ADDRESS: 400 Biscayne Boulevard MARKET: Downtown ASSET TYPE: Co-living tower LENDER: Centennial Bank, Square Mile Capital LANDLORD: Property Markets Group - Kevin Maloney, Greybrook Realty Partners BROKERS: Andrew Warman, Jonathan Blank, Lowell Plotkin, Luis Flores - Saul Ewing Arnstein & Lehr LOAN AMOUNT: $161,500,000 UNITS: 646 SF: 73,000

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Address400 Biscayne Boulevard

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