JLL's Capital Markets group has secured $565.35 million in construction financing for The Residences at 1428 Brickell, an ultra-luxury 70-story condominium tower in Miami's prestigious Brickell Financial District.
JLL represented the borrower, Y-Tech, in arranging the 4.25-year, floating-rate loan through JP Morgan and Sculptor.
The Residences at 1428 Brickell will feature 195 exclusive homes in two- to four-bedroom plus den floorplans, providing 1,800–8,900 square feet of space. Designed by world-renowned Antonio Citterio of ACPV Architects and Arquitectonica, the tower will be the first-ever high-rise residential building in the world to be partially powered by the sun, featuring a solar backbone on the west façade with more than 500 photovoltaic-integrated glass panels comprising nearly 20,000 square feet of energy-producing glass. The Residences at 1428 Brickell have been thoughtfully sequenced to provide estate-inspired living with elevated experiences, priva
