The 600 Brickell office tower in downtown Miami has received a $130 million construction loan from Los Angeles-based Canyon Capital Realty Advisors. The loan is one of the largest new loans in Miami since the real estate downturn began. Brickell Holdings, an affiliate of Miami-based Foram, is the developer of the 40-story project, whose 600,000 square feet are set to come online in the fall of this year. “This is an excellent commercial transaction at competitive rates,” said Foram chairman and CEO Loretta Cockrum.
Miami office tower gets $130M loan
February 16, 2011 10:41AM
May 25, 2011 at 3:55 am, Agatha said:
Hey, that’s the gaetrest! So with ll this brain power AWHFY?
February 17, 2011 at 9:31 am, Anonymous said:
There is too much office space in Miami as it is and not enough jobs. I can’t understand reasoning behind this loan. It just doesn’t add up.
February 16, 2011 at 11:03 am, Anonymous said:
this picture is not accurate. The taller one on the right does not and will probably never exist