Newmark Secures $77 Million In Financing For Luxury Office Tower In Aventura

Newmark has arranged a $77,150,000 loan on behalf of owner and developer Onyx Tower, LLC to refinance Onyx Tower, a Class-A, 28 story office tower located in in Aventura.

The property offers a combination of post-modern design, sustainability, and world-class amenities such as a rooftop pool, fitness center, and on-site dining options.

Newmark’s Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone, Vice Chairman Nick Scribani, and Director Chris Lozinak secured the financing from Barings.

Onyx Tower is connected to a broader office campus that is designed to create an innovative work environment that integrates the lifestyle of the modern professional with South Florida’s unique culture. Onyx Tower was constructed in 2023 and was the second phase of the campus which received ABC’s Excellence in Construction 2022.