The latest high-rise condominium to break ground in Miami’s Brickell district has reached a significant milestone: Developer Ugo Colombo has closed on a $236 million loan for the Brickell Flatiron.
Colombo’s CMC Group secured the financing from Arkansas’ Bank of the Ozarks and RFR Realty LLC in Manhattan, a source close to the deal said. The loan will fuel vertical construction of the 64-story tower at 1001 S. Miami Ave. in the Brickell Financial District.
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