St. Regis Residences Sunny Isles Beach Secures $418M in Construction Financing

Bank OZK Boosts Loan Commitment to $418.3 Million

The developers of St. Regis Residences Sunny Isles Beach—Fortune International Group and Château Group—have secured a major increase in construction financing after Bank OZK expanded its loan commitment—which previously totaled $219 million—to $418.3 million. This substantial boost marks one of the largest construction financing packages issued for a Sunny Isles Beach condominium development and underscores the lender’s strong confidence in the project’s scale, market positioning, and long-term viability. The development is rising on a 4.7-acre oceanfront site at 18801 Collins Avenue, featuring 435 linear feet of beachfront—one of the most significant and scarce parcels under development in the area.

Strong Sales Momentum and Multi-Billion-Dollar Sellout

Industry reports highlighted that the South Tower, which launched sales in 2022, is now about 90 percent presold. With both towers combined, the development is expected to achieve a sellout exceeding $3 billion, placing St. Regis Residences among the most significant luxury offerings in the South Florida market. The project includes two 62-story towers, with the South Tower offering 170 residences and the North Tower 150. Completion timelines currently anticipate delivery of the South Tower in Q4 2028 and the North Tower in Q4 2029. The infusion of capital comes at a pivotal moment, reinforcing construction progress and supporting the momentum generated through strong presales.

Continued Confidence in the Project

Bank OZK’s expanded commitment signals a major endorsement of the project and the branded-residence sector in Sunny Isles Beach. The financing increase positions the development for continued progress heading into 2026. Featuring architecture by Arquitectonica and interiors by Patricia Anastassiadis, St. Regis Residences Sunny Isles Beach continues to attract attention as one of the most anticipated luxury residential offerings in the region.

A Significant Milestone for a Landmark Development

With construction now strongly capitalized and sales performance surpassing industry benchmarks, the development remains firmly on track to deliver the elevated lifestyle synonymous with the St. Regis brand. The expanded financing package provides long-term stability, allowing the developers to maintain steady progress as they advance construction and move the development toward full completion. For prospective buyers, brokers, and market analysts, this financing milestone reaffirms the project’s strength and its position as a standout in South Florida’s luxury real estate landscape.