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.