830 Brickell in Miami Lands $565 Million in Financing Ahead of Completion

830 Brickell, a 57-story, 640,000-square-foot Class A+ office tower in Miami’s Brickell Financial District, has secured $565 million in financing ahead of its delivery this fall. The long-term loan from TYKO Capital will pay off the development’s existing construction loan from MSD Partners. This emphasizes 830 Brickell’s significance as a base for many firms establishing their first Miami office, with over 90 percent of the building’s tenants being new to the market. Designed by renowned architecture firm Adrian Smith + Gordon Gill with interiors by Italian architecture and design company Iosa Ghini Associati and developed by OKO Group and Cain International, this fully leased 724-foot-tall tower is the first stand-alone Class A+ office building in Brickell in over a decade. Currently, it is receiving its Temporary Certificate of Occupancy in phases, with tenants building out their spaces. Delivery is expected this fall. The transaction was represented by Beatriz Azcuy of Sidley Austin LLP.

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Developers Complete Remi on the River at 999 NW 7th St. in the Miami River District

Mast Capital, in partnership with AEW, has completed Remi on the River, a new multifamily development at 999 Northwest 7th Street in the Miami River District. Designed by Corwil Architects, the apartment community offers 342 rental units with various floorplans and amenities. It is situated near Miami’s Brickell Financial District, the Miami Health District, Downtown Miami, beaches, cultural attractions, and nightlife.

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