Goldman Sachs Lends $111.3M for Grand Peaks, Empira JV’s 310-unit, 26-story Brickell Multifamily Development, Empire Brickell

5/23/2025

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Bisnow

• Subcategory: Capital Markets: Debt, MF: Market Rate

• Tag: Closing | New Construction

• Additional Filters-Subcategory: Capital Markets: Debt-Construction Loan, MF: Highrise

• Company: Goldman Sachs (NYSE: GS), Newmark Group (Nasdaq: NMRK)

Empira Group heads into the long weekend having secured a $111.25M construction loan from Goldman Sachs for its multifamily high-rise in Brickell’s financial district.

The Switzerland-based developer, led by a Miami team of Rafael Aregger, Branko Kuzmanović and Michael Marrero, plans to start construction on The Perrin this summer, with completion set for 2027, according to a release.