Real Estate DevelopmentOpenOPP-000016

Brickell Office Conversion to Residential

Miami, Florida, United StatesSkyline Tower DevelopersSkyline Tower Developers

Capital Required

$38M – $42M

Target Return

19% IRR

Minimum Investment

$500,000

View Company

Investment Snapshot

Capital Required

$38M – $42M

Minimum Investment

$500,000

Equity Offered

33% LP

Target Return

19% IRR · 2.3x MOIC · 5-year hold

Industry

Adaptive Reuse

Country

United States

Investment Type

Seeking Investor

Current Stage

Entitlement in process

Timeline

18-month conversion · 5-year hold

Gallery · 5 photos

Property & renderings

1 / 5

Overview

Executive Summary

Adaptive-reuse conversion of a 22-story office tower in Brickell into 220 market-rate residential rentals. Existing concrete frame, mechanical core, and floor plates are well-suited to residential conversion.

The building has been owned by a single family since 1996 and was acquired by sponsor in 2025 at a 60% basis discount to per-unit replacement cost.

Conversion is planned in stages by floor band; entitlements are in process and a structural feasibility study is complete.

Pro-forma stabilization at 92% occupancy and $3.60 PSF rents — supported by comparable conversions in the submarket.

Investment Highlights

19% IRR target return
33% LP equity offered
$500,000 minimum investment
Entitlement in process stage
Seeking Investor
Miami, United States

Risk Factors & Disclosures

Capital at risk — projected returns are not guaranteed.
Subject to completion of due diligence and definitive documentation.
Market, execution, and liquidity risk apply to all positions.
Detailed materials are released after an NDA is countersigned.

Lifecycle

Investment Timeline

Sourcing & Diligence
Complete
Funding
Complete
Construction
Complete
Completion
Current
Exit

Current stage

Entitlement in process

Timeline

18-month conversion · 5-year hold

Next milestone

Exit

Sponsor

The institution behind this deal

Skyline Tower Developers

Verified

Real Estate Development

Mixed-use tower developer with an active South Florida pipeline.

Active Opportunities

Capital Raising

$70M

Headquarters

Miami, United States

Founded

2013

6 opportunities closed to dateView Company

Data Room

Documents available

Data Room Available

0 documents · 0 public · 0 private

Public documents are available below. Private documents — pitch deck, financial model, contracts — unlock after Skyline Tower Developers approves your access request.

No documents have been uploaded to this data room yet.

Location