Four Seasons Private Residences Coconut Grove Secures $324M Construction Loan

A Major Milestone for One of Miami’s Most Anticipated Luxury Projects

Four Seasons Private Residences Coconut Grove has officially cleared a major hurdle toward construction after securing a $323.8 million construction loan, signaling strong lender confidence and paving the way for the project to move forward.

The financing was secured by developers CMC Group and Fort Partners, two of the most established names in South Florida luxury development, with the loan provided by Bank OZK, a frequent lender on high-profile luxury condo projects across the United States

Construction Financing Signals Momentum and Execution

Securing construction financing is one of the most critical milestones for any large-scale condominium development. In today’s cautious lending environment, a loan of this size underscores the project’s financial strength, sales performance, and overall market demand.

With financing now in place, Four Seasons Private Residences Coconut Grove is expected to advance confidently into the next phase of development, transitioning from vision to vertical construction.

Over 50% Pre-Sold

Even more telling than the financing itself is the project’s sales performance. Industry sources indicate that more than 50% of the residences were already sold by late 2025, well ahead of projections.

Strong pre-sales not only reduce developer risk but also play a key role in securing construction loans—making this financing a direct reflection of buyer confidence in the project, the brand, and the Coconut Grove condo market.

Prices Surpass $4,000 Per Square Foot

Four Seasons Private Residences Coconut Grove is also making headlines for its pricing. Non-penthouse residences have reportedly eclipsed $4,000 per square foot, positioning the project as the highest price-per-square-foot condominium development on the Miami mainland—a benchmark historically reserved for ultra-luxury oceanfront properties.

This pricing reinforces Coconut Grove’s evolution into one of Miami’s most prestigious residential submarkets and highlights the growing demand for branded luxury living outside traditional beachfront corridors.

A Defining Project for Coconut Grove and Miami Luxury Real Estate

With world-class branding, top-tier developers, strong pre-sales, record-setting pricing, and now construction financing secured, Four Seasons Private Residences Coconut Grove is shaping up to be one of the most significant luxury residential projects in Miami’s current development cycle.

As construction moves forward, the project is expected to further elevate Coconut Grove’s status while setting new benchmarks for luxury condominium pricing and demand on the mainland.