Walker & Dunlop Arranges $464 Million Record-Breaking Financing for Landmark Atma Miami by Aman

Key Terms

bridge loan financial

A bridge loan is a short-term loan used to quickly provide funds until a larger, long-term financing option is in place. It acts like a temporary bridge, helping individuals or businesses cover immediate expenses or complete transactions without delay. For investors, it’s important because it offers quick access to cash but often comes with higher costs and short repayment periods.

BETHESDA, Md.--(BUSINESS WIRE)-- Walker & Dunlop, Inc. announced today that it has arranged a $464.5 million loan to finance Atma Miami by Aman, a 4.25-acre bayfront parcel in Miami’s Brickell district that marks the domestic debut of Aman’s new brand, Atma. The assemblage represents the largest and final developable waterfront site of its scale in the neighborhood and sets the record for the single largest land acquisition loan closed in Miami.

Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction on behalf of Oak Row Equities and OKO Group. Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Michael Stepniewski, Michael Diaz, Sean Reimer, Christopher de Raet, and Cole Grims arranged the acquisition and predevelopment bridge loan from TYKO Capital.

The property currently includes a 32-story office tower and a 31-story rental building, offering 485 feet of continuous Biscayne Bay frontage. Planned development will move forward in two ultra-luxury residential phases totaling 480 condominium residences, alongside a five-star hotel featuring 185 suites. The project will also include a racquet club, spa, and private marina, creating a landmark destination that sets a new standard for integrated living, elevated hospitality, and waterfront leisure.

“We are pleased to support the owners and lenders in closing this beneficial transaction,” said Appel, senior managing director at Walker & Dunlop. “The site represents the largest and final waterfront parcel of its scale in Brickell and will become an ultra-luxury destination that redefines holistic living and leisure. We are proud to deliver a tailored financing solution alongside trusted capital partners and are grateful for the collaboration that brought this landmark deal to a successful close.”

Miami’s emergence as a financial and cultural capital is driving sustained luxury residential demand, with Brickell at the center of this growth. The district has attracted more than 100 firms and is adding approximately 4.75 million square feet of new office space, reinforcing its role as a premier business hub. Miami also ranks among the nation’s top cities for high-earning professionals, further supporting long-term demand for luxury living in Brickell’s urban core.

Walker & Dunlop previously arranged $754 million in financing with OKO Group for another Aman-branded luxury residential development in New York in July 2022.

In 2024, Walker & Dunlop’s Capital Markets team sourced over $16 billion from non-Agency capital providers. This vast experience has made them a top advisor on all asset classes for many of the industry’s top developers, owners, and operators. To learn more about Walker & Dunlop’s broad financing options, visit our website.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251230011846/en/

Investors:

Kelsey Duffey

Investor Relations

Phone 301.202.3207

investorrelations@walkeranddunlop.com

Media:

Nina H. von Waldegg

VP, Public Relations

Phone 301.564.3291

nhvwaldegg@walkerdunlop.com

Phone 301.215.5500

7272 Wisconsin Avenue, Suite 1300

Bethesda, Maryland 20814

Source: Walker & Dunlop, Inc.