Simon Property Group Secures $140M Loan For Retail Property On Emerald Coast Pkwy, Miramar Beach

Located at 10562 Emerald Coast Pkwy in Miramar Beach, this retail property has been part of a recent closed transaction. The asset, owned by Simon Property Group, was involved in a loan deal.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $140,000,000
• Lender: Bank of America - Brian Moynihan & JPMorgan Chase Bank - Jamie Dimon
• Landlord: Simon Property Group

Bank of America, represented by Brian Moynihan, and JPMorgan Chase Bank, represented by Jamie Dimon, served as the lenders in this transaction. This deal showcases the collaboration between these financial institutions in providing the necessary funding for the retail property. Simon Property Group, the landlord, played a crucial role in facilitating the loan process.