Jordan Roeschlaub, Max Ralby and Adam Spies

Newmark’s star brokers were active in the Miami area in 2025. Jordan Roeschlaub and Max Ralby sourced the credit markets for major loans, while Adam Spies matched buyers with sellers all over the region.   

The trio’s prime-cut deal of 2025 was undoubtedly arranging a $630 million commercial mortgage-backed securities package in December to refinance 830 Brickell, Miami’s premier trophy office tower. 

Here, Spies and Roeschlaub worked with Goldman Sachs and J.P. Morgan Chase to originate five-year, fixed-rate, interest-only debt that replaces a $565 million refinancing loan that Tyko Capital issued in 2024. The debt will also fund $90 million in deferred maintenance, tenant improvements and leasing commissions. 

The Newmark boys also secured a $380 million construction loan for New York development firm Savanna to build Olara West Palm Beach, a two-tower project facing the Intracoastal Waterway that will feature a 26-story building holding 287 condo units plus a second tower with 170 apartments, as well as a ground-floor restaurant by celebrity chef José Andrés.

Then there’s the investment sales. Spies brokered Michael Shvo’s sale of the delayed Raleigh luxury condo and hotel development in Miami Beach, where private equity firm Nahla Capital paid about $270 million for the 3-acre oceanfront site that has seen construction stall in recent years. 

Spies’s Newmark lieutenants also sat at the table last fall when the family office of Amancio Ortega, one of the world’s richest men, bought Atlas Plaza, the 20,000 square feet of retail in Miami’s Design District, for $110 million from a trio of sellers, Tricap, RFR Holding and Commerz Real AG.