Pearlmark closes USD 43.3 million senior mortgage loan for Lyra Residences development in Miami

XLRE•2026-09-22

Project and transaction details

Conconcreto and Ora Developments are developing the eight-story project near Miami-Dade’s Bus Rapid Transit line.

IPA Capital Markets arranged the transaction.

Pearlmark closes financing for Lyra Residences

Pearlmark Real Estate closed a USD 43.3 million senior mortgage loan to finance Lyra Residences, a 192-unit multifamily development in Miami.

Debt investment originated for Pearlmark Realty Senior Mortgage Partners I.

Sources

Pearlmark closes USD 43.3 million senior mortgage loan for Lyra Residences development in Miami

Publicnow

Pearlmark closes USD 43.3 million senior mortgage loan for Lyra Residences development in Miami

Project and transaction details

Pearlmark closes financing for Lyra Residences

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Sources

Pearlmark closes USD 43.3 million senior mortgage loan for Lyra Residences development in Miami

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