Dezer Development Secures $630 Million Construction Loan for Bentley Residences in Sunny Isles Beach

Dezer Development has officially closed a $630 million construction loan from Madison Realty Capital to finance the highly anticipated Bentley Residences in Sunny Isles Beach. The deal, announced on November 5, 2025, represents one of the largest construction loans in South Florida this year and underscores continued confidence in the region’s ultra-luxury condo market. Located at 18401 Collins Avenue, the 63-story tower will be the world’s first Bentley-branded residential building and is already over 50 percent pre-sold.

A Landmark Deal in South Florida’s Luxury Market

The $630 million loan marks a major milestone for the project, ensuring that construction moves forward at full speed. The financing reflects strong lender confidence in both Dezer Development and the luxury-branded residence segment, which has thrived in recent years despite broader market uncertainty.

Design, Amenities, and the “Dezervator”

Designed by Sieger Suarez Architects, Bentley Residences will rise 63 stories and feature 216 oceanfront residences, each combining elegant automotive-inspired design with sophisticated coastal living. Every unit will include private terraces—some with pools—along with Gaggenau kitchens, Italian cabinetry, and spa-style bathrooms. Among its standout amenities will be a cigar lounge, whiskey bar, private restaurant by chef Todd English, wellness spa, and a 20,000-square-foot oceanfront pool deck.

A signature feature of the project will be Dezer’s patented “Dezervator” car elevator system, allowing residents to drive directly into their private sky garages. This amenity, first introduced at the Porsche Design Tower, has become a hallmark of Dezer’s developments, marrying engineering innovation with luxury convenience.

The Vision Behind Bentley Residences

Gil Dezer, president of Dezer Development, continues to redefine luxury living in Sunny Isles Beach through partnerships with global brands like Porsche and Bentley. By integrating automotive design principles into architecture, Dezer aims to offer residents an experience that embodies precision, craftsmanship, and exclusivity. The project reflects Bentley Motors’ design ethos, from its diamond-patterned façade to its meticulously curated interiors that evoke the feel of a handcrafted Bentley vehicle.

The success of Bentley Residences’ pre-sales—priced from approximately $5.8 million to $37.5 million for penthouse residences—demonstrates the strength of demand for branded residences that blend lifestyle, design, and prestige. With more than half of the units already sold, Bentley Residences has quickly become one of the most desirable developments in South Florida’s luxury real estate market.

Construction Timeline and Market Impact

Construction at the Bentley Residences site is already underway, with foundation work nearing completion and vertical construction expected to accelerate following the loan closing. The project is scheduled for completion in 2028, bringing another global luxury brand to the Sunny Isles skyline.

For the broader market, this milestone signals continued confidence from both lenders and buyers in the high-end sector. The transaction also sets a new benchmark for financing in South Florida, reinforcing the region’s position as a hub for branded luxury living. Developers, brokers, and investors alike will be watching closely as Bentley Residences takes shape—its progress will likely influence future financing and branding strategies across Miami’s evolving skyline.

A Defining Project for Sunny Isles Beach

The Bentley Residences joins a roster of elite branded developments transforming Sunny Isles Beach, a submarket already known for projects like Porsche Design Tower and Residences by Armani Casa. Yet Bentley’s debut promises to take the concept even further, combining automotive innovation with world-class amenities and design.

As one of the tallest oceanfront residential towers in the U.S., Bentley Residences will stand as both an architectural icon and a testament to Miami’s luxury real estate evolution. Backed by substantial financing and global brand power, the project reaffirms Sunny Isles Beach’s status as one of the most desirable ultra-luxury destinations in the world.