Ytech, led by CEO Yamal Yidios, has secured $565 million in construction financing for The Residences at 1428 Brickell, one of the largest residential project loans issued in the United States in 2025. This funding, arranged with J.P. Morgan as the senior lender and Sculptor Real Estate as the junior lender, supports the continued progress of the 70-story luxury condominium tower, which is already more than 60 percent sold.

The Arquitectonica-designed tower will feature 195 residences ranging from 1,800 to 4,000 square feet, with pricing from $4.4 million to $10 million. The project is distinguished as the world’s first residential high-rise partially powered by solar energy. All units are fully finished with custom features, including Italian Arclinea kitchens and high 11-foot ceilings.

Amenities span approximately 80,000 square feet across the upper levels of the tower, situated approximately 850 feet above ground. The offerings include three pools, a 10,000-square-foot fitness center, a spa featuring aquatic therapy, and social spaces designed to replicate the ambiance of a private estate, complete with an on-site estate manager and personalized wellness concierge services.