New York’s RFR nabs $101M refi for office tower amid downtown Miami investment growth
RFR secured a $101 million refinancing for 100 Biscayne Boulevard, a 30-story, 317,000-square-foot office building in downtown Miami. Newmark arranged the loan from Derby Lane Partners and Axonic Capital on behalf of New York-based RFR, according to the broker. The brokerage team included Jordan Roeschlaub, Nick Scribani, Adam Spies and Josh King. In February, TRD reported that the building, which sits across from Bayfront Park, was listed for sale at $130 million, or $419 per square foot. RFR, led by Aby Rosen and Michael Fuchs, bought the property for $90 million in January 2022. At the time of its purchase, […]This article originally appeared on The Real Deal. Click here to read the full story.
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