Billionaires Vlad Doronin and Len Blavatnik’s delayed Aman Residences begins vertical construction with financing infusion
Billionaires Vlad Doronin and Len Blavatnik’s delayed Aman Miami Beach is moving forward with new mezzanine financing. Records show the developer secured $85 million in mezzanine debt for the property in early August from Aman Miami Beach Mezz LLC, which is an affiliate of New York-based GoldenTree Asset Management. This week, Doronin’s OKO and Blavatnik’s Access Industries announced the start of vertical construction at the oceanfront construction site at 3425 Collins Avenue. The financing adds to the more than $277 million in debt provided by Little Rock, Arkansas-based Bank OZK in 2020 and 2023. A spokesperson for OKO said the […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Buyer of Wynwood office building alleges “dangerous conditions” and “Band-Aid” repairs in suit against East End
Golden Beach spec home asking $80M tops signed contracts in Miami-Dade
BH, Lennar tap Elliman to sell single-family homes on former golf course west of Aventura
Oceanfront mansion lists for $195M in potential Palm Beach record
Resi roundup: Architect’s landmark Palm Beach home sells for $28M, waterfront mansion goes for $27M
Marina showdown: Inside the proposed $80M redevelopment of Rickenbacker Marina, Marine Stadium Marina
South Florida’s top deals: Former Pfizer exec sells Palm Beach home for $27M
Wealth building starts with behavior, expert tells Realtors
BREAKING NEWS: Florida Realtors supports property tax reform
South Florida Dirt: Mandarin Oriental Boca Raton developer fires back
