Fortune International Group and Château Group have a $463 million loan package from Madison Realty Capital for The St. Regis Residences, Sunny Isles Beach, The Real Deal reported on Oct. 26, 2026, citing the developers’ release. The developers announced a $113.75 million North Tower land loan from City National Bank of Florida on April 23, 2026.
Read the full article at Haute Residence.
Fortune International Group and Château Group have secured a $463 million financing package from Madison Realty Capital for The St. Regis Residences, Sunny Isles Beach, a luxury oceanfront condominium development at 18801 Collins Avenue. The financing will refinance approximately $418 million in existing debt provided by Bank OZK and fund the remaining construction of the project’s 170-unit South Tower.
Read the full article at CRE Sources.
The developers of the St. Regis Residences, Sunny Isles Beach refinanced the construction loan for the South Tower at $463 million as it closes in on completion. Madison Realty Capital provided the mortgage to Fortune International Group and Château Group, through affiliate, La Playa Beach Associates LLC.
Read the full article at South Florida Business Journal.
Debt: $159M in April 2024, $418M by December, now $463M
80% presold, $1.6B+ in sales
Units from $5.1M
Fortune and Chateau bought out 347 condo owners for $112.5M in 2014.
Read the full article at Traded: Miami.
Fortune International Group and Château Group have obtained $463 million from Madison Realty Capital for St. Regis Residences, a 320-unit luxury condo development in Sunny Isles Beach, Fla., according to Commercial Observer. Most of the proceeds will pay off a $418.3 million financing package originated by Bank OZK, one of the largest such deals ever in Sunny Isles Beach.
Read the full article at Multifamily Housing News.
Developers Fortune International Group and Château Group landed their second loan this year — and fourth round of financing — for their Sunny Isles Beach condo project carrying Marriott International’s luxury St. Regis brand. Madison Realty Capital provided a $463M financing package for the two-tower, 320-unit St. Regis Residences, Sunny Isles Beach, according to a release.
Read the full article at Bisnow.
Fortune International Group and Château Group have secured a $463 million construction debt package from Madison Realty Capital to complete the St. Regis Residences condo development in Sunny Isles Beach, Fla. The oceanfront project at 18801 Collins Avenue will include two 62-story skyscrapers.
Read the full article at Commercial Observer.
Edgardo Defortuna’s Fortune International Group and the Grosskopf family’s Château Group secured a $463 million loan package for the St. Regis Residences, Sunny Isles Beach, marking one of the largest loans to close in the beachfront city. Madison Realty Capital is providing the financing, according to a news release.
Read the full article at The Real Deal.
Developers Fortune International Group and Château Group have secured a $113.75 million development loan from City National Bank of Florida for the North Tower of The St. Regis Residences in Sunny Isles Beach. Arranged by Berkadia Miami, the financing will fund pre-development and support a planned summer groundbreaking for the 62-story, 150-unit luxury oceanfront tower.
Developers Fortune International Group and Château Group have secured a $113.75 million construction land loan from City National Bank of Florida to fund the North Tower of the St. Regis Residences in Sunny Isles Beach. The 62-story, 150-unit luxury tower represents the second phase of the oceanfront project, which has already achieved $125 million in presales ahead of its scheduled 2028 completion.
Developers Fortune International Group and Château Group have unveiled plans for a 10,000-square-foot, full-floor luxury spa on the fifth floor of The St. Regis Residences in Sunny Isles Beach. Designed by Patricia Anastassiadis, the wellness center will serve as a centerpiece for the dual-tower oceanfront development, which is projected to surpass $3 billion in total sales.
Developers Related Group and BH Group have secured a $360 million construction loan from Tyko Capital to build the Icon Beach Waterfront Residences in Hollywood, Florida. The financing clears the way for the development of the 38-story luxury condominium tower, which will feature 350 residences alongside an on-site marina and an exclusive beach club.
Developers Fortune International Group and Château Group have secured a $113.75 million construction land loan from City National Bank of Florida for the North Tower of the St. Regis Residences in Sunny Isles Beach. This capital funds the 150-unit second phase of the ultra-luxury, 320-unit oceanfront development, which features starting prices of $5 million and an expected completion date in 2028.
Developers Fortune International Group and Château Group have secured a $113.75 million construction land loan from City National Bank of Florida to build the North Tower of The St. Regis Residences Sunny Isles Beach. Arranged by Berkadia Miami, the financing will fund the 150-unit luxury tower, which represents the second phase of the 320-unit oceanfront condominium development slated for completion in 2028.
Fortune International Group and Château Group finalized a record-setting $418.3 million construction loan from Bank OZK to fully fund the St. Regis Residences in Sunny Isles Beach, Miami. The oceanfront dual-tower development features a South Tower that is already 90% sold out and tracking for a late 2028 completion, with remaining residences starting at $5 million.
Fortune International Group and Château Group have secured an expanded construction loan commitment from Bank OZK, boosting total project financing to $418.3 million for the St. Regis Residences in Sunny Isles Beach. The 4.7-acre oceanfront dual-tower development features 320 total units, with the South Tower already 90% presold and on track for a late 2028 delivery.
Fortune International Group and Château Group have finalized a record-setting $418.3 million construction loan from Bank OZK for The St. Regis Residences in Sunny Isles Beach, Miami. The oceanfront, dual-tower luxury development features a South Tower that is already 90% sold out and tracking for a late 2028 completion, with remaining residences starting at $5 million.
Fortune International Group and Château Group closed a record-breaking $418.3 million construction loan from Bank OZK for The St. Regis Residences in Sunny Isles Beach, Florida. The highly anticipated dual-tower luxury development features 320 total residences starting at $5 million, with the South Tower already 90% sold and projected to finish in late 2028.
Developers Fortune International Group and Château Group secured an increased construction loan from Bank OZK, bringing the total financing package to $418.3 million for the St. Regis Residences in Sunny Isles Beach, Florida. The 62-story luxury development features 320 total units across two towers, with remaining residences starting at $5 million and completion expected by late 2028.
Developers Fortune International Group and Château Group have increased their Bank OZK construction loan by $259.3 million, bringing the total debt to $418.3 million for their luxury, 62-story St. Regis condominium project in Sunny Isles Beach, Florida. The project’s planned density was recently downsized from 490 to 361 larger individual units, with a penthouse already under contract for $55 million.
Fortune International Group and Château Group have increased their Bank OZK construction loan to $418.3 million to fully fund the completion of the St. Regis Residences in Sunny Isles Beach, Florida. The 62-story dual-tower development will stand as the tallest in the area, featuring 345 luxury units starting at $4.5 million with a completion date slated for late 2028.
Fortune International Group and Château Group secured a $418.3 million construction loan from Bank OZK for the St. Regis Residences in Sunny Isles Beach, Florida. The 62-story project features a 175-condo South Tower and a 170-condo North Tower, with prices starting at $4.5 million.
The Fortune International Group and Château Group have upsized their construction loan from Bank OZK to $418.3 million to fully fund the ongoing development of the St. Regis Residences in Sunny Isles Beach. The luxury project spans a 4.8-acre site and will feature two 62-story towers comprising 345 units, with prices starting at $4.5 million.
Fortune International Group and Château Group are developing The St. Regis Residences in Sunny Isles Beach, a 4.7-acre luxury oceanfront project featuring two curvilinear towers designed by Arquitectonica. The signature development will offer estate-like residences with panoramic views, paired with over 70,000 square feet of resort-style wellness, dining, and signature St. Regis butler services.