Home GCCFinance Greystone Closes $419.6 Million Financing Package for Class A+, Mixed-Use Multifamily Complex in Miami, Florida

Greystone Closes $419.6 Million Financing Package for Class A+, Mixed-Use Multifamily Complex in Miami, Florida

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Greystone

Greystone

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) — Greystone Commercial Capital (GCC) has closed a $419,590,000 transaction to refinance Panorama Tower, located on Brickell Bay Drive in Miami, Florida. The property is an 85-story, Class A+, mixed-use, residential complex featuring 821 multifamily residences, 112,731 square feet of Class A office space, 25,219 square feet of retail space, a 2,000-space private parking garage, and an attached 19-story, 208-room Hyatt Centric Hotel. The deal included a structured Agency loan in tandem with…



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