The JW Marriott Marquis Miami, a defining piece of the downtown skyline designed by Nichols Architects, has secured a $79.3 million refinancing deal, according to The Real Deal. MetLife Investment Management and MDM Group closed on the floating-rate loan, provided by Madison Newbond, with JLL representing the borrowers.

Completed in 2010 as part of the Met Square complex, the 41-story JW Marriott Marquis brought a new level of hospitality to downtown Miami. The 357-key hotel includes 313 JW Marriott Marquis rooms and 44 Hotel Beaux Arts rooms, part of Marriott’s Autograph Collection. More than a hospitality project, the tower was envisioned as a cornerstone of Metropolitan Miami—a four-block, mixed-use development that also includes residential towers, retail anchored by Whole Foods, and the Wells Fargo Center office building.

For Nichols Architects, the JW Marriott Marquis was an opportunity to shape a destination that serves both Miami residents and global visitors. Connected directly to the Wells Fargo Center, the property blends luxury accommodations with conference and lifestyle amenities, reinforcing downtown Miami’s role as a hub for business, hospitality, and living.

Fifteen years after opening its doors, the JW Marriott Marquis continues to thrive—now supported by new financing that positions it for the future. The refinancing highlights not only the strength of the property but also the long-term value of design solutions that balance hospitality, mixed-use functionality, and integration within the urban core.