Cain and OKO Group secured a $630 million refinancing of their jointly developed office property, 830 Brickell, replacing the construction bridge loan from TYKO Capital provided in July 2024.

The 57-story building is the first stand-alone Class A+ office tower to be built in Miami’s Brickell Financial District in over a decade. Designed by Adrian Smith + Gordon Gill Architecture and completed in 2023, the property features a roster of tenants including Microsoft, Citadel, Kirkland & Ellis, CI Financial, Thoma Bravo, Marsh Insurance, Santander Bank and Sidley Austin.

Jonathan Goldstein, CEO of Cain, and Vlad Doronin, founder, chairman and CEO of OKO Group added, “This successful refinancing backed by Goldman Sachs and JP Morgan further underscores the confidence in the Miami market and in leading office destinations.”

A team at Pillsbury Winthrop Shaw Pittman led by Nellie Camerik provided legal counsel to Cain and OKO, and a Newmark team led by Adam Spies brokered the financing.