Photo: Rolando Yera / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. One of South Florida's biggest branded condo projects just locked in the money to finish the job. Fortune International Group and Château Group secured a $463 million loan package from Madison Realty Capital for St. Regis Residences, Sunny Isles Beach, according to The Real Deal. The financing refinances existing debt, including Bank OZK loans from 2020, and will also fund expanded food, beverage…
MarketMiami
St. Regis Sunny Isles Just Landed $463 Million. The Towers Are Already 80% Sold.
St. Regis Residences in Sunny Isles Beach secured $463 million in financing. The two-tower oceanfront project is 80% presold, with units from $5.1 million.
