When was this published?

This article was first published on July 21, 2026 by The Real Deal and curated for The Miami readers.

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This story was reported by The Real Deal.

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Witkoff, Monroe Capital score $303M loan for huge Miami Worldcenter project

Summary by The Miami Editorial Desk · Based on reporting from The Real Deal · July 21, 2026 · 1 min read

Witkoff and Monroe Capital scored a $302.6 million construction loan for a massive residential complex in Miami Worldcenter. Construction is set to begin on the first phase of 700 North Miami Avenue after Witkoff, in partnership with Monroe Capital, secured financing from Athene Annuity and Life Com

Why this matters in The Miami

The massive Miami Worldcenter project is set to move forward with a significant construction loan, bringing new residential and mixed-use development to the area. As the project breaks ground, its impact on the surrounding neighborhoods, such as Little Havana and Wynwood, will be worth watching. The influx of new residents and businesses could lead to increased foot traffic and economic activity in these areas, potentially altering their character. Additionally, the project's proximity to the Miami Beach area may also lead to increased congestion and strain on local infrastructure. Miami-Dade County officials will likely be monitoring the project's progress, given the county's ongoing efforts to manage growth and development while addressing concerns around sea-level rise and flooding. As the first phase of the project moves forward, local residents and stakeholders will be eager to see how the development is integrated into the existing community.

About this story

Original reporting by The Real Deal. The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit The Real Deal. Have a tip or correction? Contact our newsroom.

Category: arts · Published: July 21, 2026 · Source: The Real Deal · Reading time: 1 min

Summary created by	The Miami Editorial Desk — automated, rule-governed
Original reporting	The Real Deal
Original story	Read at the source
Source published	Jul 21, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

Witkoff, Monroe Capital score $303M loan for huge Miami Worldcenter project

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