This major financing milestone reflects the extraordinary momentum behind Miami’s new development market—especially in the ultra-luxury segment. The two-tower, oceanfront development continues to capture global attention, attracting international buyers seeking beachfront luxury, world-class amenities, and long-term investment value.
According to the developers, the South Tower is now 90% sold, underscoring the unprecedented buyer confidence surrounding this project. Meanwhile, the North Tower continues to experience strong contract activity, reaffirming sustained demand for high-end Miami condominiums.
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Developer Insights: Confidence in Miami’s Luxury Market
Edgardo Defortuna, CEO of Fortune International Group, emphasized the significance of the milestone:
“Securing this loan confirms the strong confidence lenders have in our vision.”
Manuel Grosskopf, CEO of Château Group, added:
“This loan reflects the pace-setting sales and sustained demand for this project and South Florida’s evolving luxury market.”
Their statements reinforce what industry insiders already know: Sunny Isles Beach remains one of the most resilient and in-demand luxury condo markets in South Florida.
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Architectural Excellence & Unmatched Oceanfront Living
With 435 feet of pristine ocean frontage, The St. Regis Residences, Sunny Isles Beach, offers the largest stretch of oceanfront among any new residential development in the area.
Designed by globally acclaimed Arquitectonica and constructed by the renowned Coastal Construction, the project blends elegance, architectural innovation, and the iconic hospitality DNA of the St. Regis brand.
Project Highlights
• Two luxury towers
• 435 linear feet of beachfront
• Unobstructed Atlantic Ocean views
• Ultra-private residences starting at $5 million
• Legendary St. Regis service & amenities
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Projected Timeline & Market Impact
The development represents more than $3 billion in projected sell-out value, making it one of the most ambitious luxury real estate projects in Miami.
Construction Timeline:
• South Tower: 170 residences, scheduled for completion in late 2028
• North Tower: 150 residences, breaking ground in 2026
With strong pre-sales and global demand from high-net-worth buyers, The St. Regis Residences is expected to elevate Sunny Isles Beach as a worldwide hub for oceanfront real estate investment.
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Sunny Isles Beach: A Magnet for Global Luxury Buyers
Sunny Isles Beach has become a top destination for:
• International investors
• Secondary-home buyers
• Relocation clients from the Northeast & California
• Ultra-luxury real estate collectors
The area’s combination of white-sand beaches, world-class dining, premier schools, and proximity to Miami and Fort Lauderdale continues to fuel price growth and developer confidence.
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Sales Information & Availability
Remaining residences begin at $5 million, with limited inventory in the South Tower and early opportunities emerging in the North Tower. Call today 305 7889393