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MIAMI — Newmark has arranged a $111 million construction loan, funded by Goldman Sachs, for the construction of The Perrin in Miami. The borrower and developer, The Empira Group, has broken ground on the 26-story, 310-unit project in the Brickell neighborhood. Construction is slated for completion in 2028.
The project will include 2,500 square feet of ground-floor retail, 380 parking spaces and a mix of studio to three-bedroom units. Amenities include a fitness center with a yoga room, coworking spaces, a resort-style pool with cabanas and grills and a rooftop garden and tea room. The Empira Group is based in Switzerland with North American headquarters in Miami.