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13th Floor, Barings Receive $134M Construction Loan for Final Residential Tower at Link at Douglas in Miami

MIAMI — A partnership between 13th Floor Investments and Barings has received a $134 million construction loan for the development of Crescendo, the fourth and final residential tower located within t

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Summary

MIAMI — A partnership between 13th Floor Investments and Barings has received a $134 million construction loan for the development of Crescendo, the fourth and final residential tower located within the Link at Douglas mixed-use project in Miami.

Santander Bank, TD Bank and First Horizon Bank provided financing.

The first phase of Link at Douglas, which opened in 2023, included the 312-unit Core and 421-unit Cascade residential buildings, along with more than 30,000 square feet of retail space a

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