JPMorgan, Monroe Lend $225 Million for Luxury Florida Tower

The Slate Hallandale Beach tower is a 250-unit luxury apartment building in South Florida. — The Slate Hallandale Beach tower is a 250-unit luxury apartment building in South Florida.Source: Slate Hallandale Beach

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By Dina Katgara

March 14, 2025 at 10:00 AM EDT

JPMorgan Chase & Co. and Monroe Capital provided a $225 million refinancing for a high-end residential tower just north of Miami.

The loan is for the 250-unit luxury rental building in Hallandale Beach, according to a statement Friday.