MIAMI-11 11 Lincoln Road has won a $76-million refinance loan. The iconic 400,000 square-foot project sits on the corner of Alton and Lincoln Roads, offering retail, restaurant, residential and office space.

The Bilzin Sumberg team, led by partner Adam Lustig, represented Robert Wennett, principal of MBeach1 in closing the loan. HSBC Bank USA and PNC Bank acted as co-arrangers of the loan, with HSBC serving as administrative agent for the loan. This financing is one of the largest conventional loans in Miami since the credit freeze took hold in 2008.

“This is a significant step in the right direction,” Lustig tells GlobeSt.com. “By and large, this is a very unique project in a great location with a very strong sponsor and great tenants. These factors certainly contributed to getting a deal this size done at this time in the market.”