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Florida & Gulf Coast  + Finance  |  January 27, 2021
David Cohen
By: David Cohen

Walker & Dunlop Secures $43M Acquisition Loan for Miami MXU Project

Walker & Dunlop has secured $43 million in acquisition and construction financing for 1 Southside Park, a mixed-use project in Miami’s Brickell neighborhood.

Designed by SHoP Architects, the project will rise 64 stories and deliver 1,175 residential rental units. Once complete, the assemblage will also include 190,000 square feet of premier office space, a 200-key boutique hotel, 10,000 square feet of retail space and 1,400 parking spaces.

Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Michael Diaz, Michael Ianno, Sean Bastian and Ian Hawk of Walker & Dunlop secured the financing on behalf of JDS Development Group through lender Atalaya Capital. Terms of the loan included a fixed rate, interest-only loan.

For comments, questions or concerns, please contact David Cohen

Read More News Stories About: Walker & Dunlop
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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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