The developers of 545wyn, the largest new office building in Miami’s Wynwood neighborhood, obtained a $81 million construction loan.
Arkansas-based Bank OZK (NASDAQ: OZK) awarded the mortgage to 545 WYN LLC, a partnership between Chicago-based Sterling Bay and institutional investors advised by J.P. Morgan Asset Management. The developers recently acquired the 1.45-acre site at 537-557 N.W. 26th St. and 530-550 N.W. 27th St. for $18.9 million.
General contractor John Moriarty & Associates filed…
