Cain and OKO Group have secured a $630 million refinancing for 830 Brickell, a 57-story Class A office tower at the heart of Miami’s Brickell Financial District. The new financing package, led by Goldman Sachs and J.P. Morgan Chase, replaces the prior construction bridge loan from TYKO Capital provided in July 2024.
Designed by Adrian Smith + Gordon Gill Architecture and completed in 2023, 830 Brickell is the first stand-alone Class A+ office building delivered in Brickell in more than ten years. The tower is anchored by a roster of major international and domestic tenants including Microsoft, Citadel, Kirkland & Ellis, CI Financial, Thoma Bravo, Marsh Insurance, Santander Bank, and Sidley Austin.
“Miami continues to be one of the top global destinations for businesses, and the strong demand we have witnessed at 830 Brickell is a direct reflection of that,” said Jonathan Goldstein, CEO of Cain, and Vlad Doronin, founder, chairman and CEO of OKO Group. “This successful refinancing backed by Goldman Sachs and JP Morgan further underscores the confidence in the Miami market and in leading office destinations. We are committed to continually investing in 830 and ensuring it remains a best in class environment for the founders, executives and companies choosing to grow in this dynamic city.”
Legal counsel for Cain and OKO Group was provided by a team from Pillsbury Winthrop Shaw Pittman led by Nellie Camerik. The financing was arranged by Newmark, with a team led by Adam Spies.
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