Ytech has landed a $565 million construction loan for its 70-story, ultra-luxury residential tower under construction in Miami, in a deal guided by Greenberg Traurig LLP, Kapp Morrison LLP, Gibson Dunn & Crutcher LLP and Adler & Stachenfeld LLP.

JPMorgan served as the senior lender and Sculptor Real Estate as the junior lender on the financing deal for 1428 Brickell, which was one of the largest condominium project loans issued in the U.S. this year, according to a Monday statement from the developer.

“The financing we’ve secured for The Residences at 1428 Brickell underscores the capital market’s confidence in our vision and execution — in design, sales, and construction progress,” Ytech CEO Yamal Yidios said in a statement.

The tower will have 195 units, and 60% of its residences have already been sold. The units range from 1,800 to 4,000 square feet and are priced between $4.4 million and $10 million, excluding penthouse units, Ytech said.

The lower penthouse units are from 4,000 to 7,000 square feet and are priced from $10 million to $20 million. The upper penthouses are priced at $60 million, the developer said. JLL Capital Markets arranged the financing for the borrower.

Ytech is advised by Kimberly LeCompte and Eric Fisher of Greenberg Traurig LLP and Stuart Kapp of Kapp Morrison LLP.

JPMorgan is advised by Noam Haberman of Gibson Dunn & Crutcher LLP.

Sculptor Real Estate is represented by Ilya Leyvi of Adler & Stachenfeld LLP.