Brief
CIM Group Provides $154M Loan to Blackstone for Refinancing of MiamiCentral Office Towers
MIAMI — Los Angeles-based CIM Group, through its CIM Real Estate Debt Solutions business, has provided a $154 million loan for the refinancing of 2 and 3 MiamiCentral, two adjacent office towers in do
Summary
MIAMI — Los Angeles-based CIM Group, through its CIM Real Estate Debt Solutions business, has provided a $154 million loan for the refinancing of 2 and 3 MiamiCentral, two adjacent office towers in downtown Miami.
Eastdil Secured arranged the financing on behalf of the borrower, Blackstone, which acquired the office towers in 2021.
Built in 2018, 2 and 3 MiamiCentral span 17 and 12 stories, respectively, and total approximately 339,000 square feet of commercial space, including a Publix grocery
Source
- REBusinessOnlinerebusinessonline.com
