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Florida & Gulf Coast  + Miami + South Florida  + Finance  |  December 7, 2022
Square Mile Capital Management, LLC has closed a $185-million loan to refinance Bezel Miami, a Class A multifamily located within the Miami Worldcenter in Miami, FL.
Lisa McDuffie
By: Lisa McDuffie

Square Mile Capital Originates $185M Loan to Refinance Bezel Miami

Institutional real estate and investment management firm Square Mile Capital Management, LLC has closed a $185-million loan to refinance Bezel Miami, a Class A, 434-unit multifamily building located n Downtown Miami, FL.

The loan was made to The Moinian Group, and financing was arranged by Drew Fletcher of Greystone and Robert Kaplan of Cushman & Wakefield.

“Bezel is one of the highest quality, luxury multifamily projects in Miami, a market in which we continue to have strong conviction,” said Square Mile Capital Management, LLC managing director Eric Cohen. “Despite recent market volatility, we expect to see robust tailwinds in this region supporting luxury assets such as Bezel.”

The 43-story property, which delivered in December 2021, features a resort-style rooftop swimming pool with a landscaped deck, an open lounge area, a wellness center and Miami Bay views. The Bezel Miami is part of the Miami Worldcenter, a $4 billion mixed-use destination.

Read More News Stories About: Cushman & Wakefield, Greystone
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Inside The Story

Square Mile Capital Management's Cohen

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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