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Developer Secures Largest Construction Loan in Florida History for 80-Story Miami Tower

Mast Capital Starts Construction on Cipriani Residences Miami, Marks New Southern Entrance to Miami’s Brickell Financial District
Mast Capital has secured a $600 million construction loan for the 80-story Cipriani Residences in Miami's Brickell Financial District, an ultra-luxury tower that will mark the southern entrance to the district. (Mast Capital)
Mast Capital has secured a $600 million construction loan for the 80-story Cipriani Residences in Miami's Brickell Financial District, an ultra-luxury tower that will mark the southern entrance to the district. (Mast Capital)
CoStar News
February 8, 2024 | 11:17 P.M.

Real estate investment firm and developer Mast Capital has broken ground on Cipriani Residences Miami after securing $600 million in construction financing, the largest in Florida's history, for an 80-story ultra-luxury tower expected to become the Brickell Financial District’s new southern gateway.

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