BELLINGS

Miami Design District Owners Land $125M to Build Mixed-Use Building

A joint venture led by the owners of the Miami Design District has secured $125 million in debt to add a mixed-use building designed by world-renowned Snøhetta within the luxury, open-air mall, property records show. French bank Crédit Agricole, representing a group of lenders,…

A joint venture led by the owners of the Miami Design District has secured $125 million in debt to add a mixed-use building designed by world-renowned Snøhetta within the luxury, open-air mall, property records show. French bank Crédit Agricole, representing a group of lenders,…

BELLINGS Intelligence Score: 12

Why it matters

This is a routine commercial real estate financing transaction involving a $125 million loan for a mixed-use building in Miami, which is notable locally but does not represent a novel structure or have broad market implications.

Sources

  • Commercial Observer

    Miami Design District Owners Land $125M to Build Mixed-Use Building

    A joint venture led by the owners of the Miami Design District has secured $125 million in debt to add a mixed-use building designed by world-renowned Snøhetta within the luxury, open-air mall, property records show. French bank Crédit Agricole, representing a group of lenders,…