MIAMI-LaSalle Investment Management (LIM) has secured a $60 million senior mortgage loan to finance the acquisition of Miami Tower. LIM purchased the 47-story tower in December 2010.

Jones Lang LaSalle’s Capital Markets professionals secured the non-recourse, floating-rate loan through Natixis, the corporate, investment and financial services arm of BPCE, France’s second-largest banking group. JLL Managing Director David Hendrickson and Senior Vice President Chuck Hoag led the transaction team.

“During LIM’s closing of Miami Tower, we began the search for a senior lender with the need to fund within 60 days of their purchase,” says Hendrickson. “Following an extensive search, which included life companies, domestic banks, foreign banks and conduit lenders, we developed a short list of competitive offers and ultimately chose Natixis based on their flexibility and terms.”

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