Developers Secure $463 Million Financing To Advance The St. Regis Residences, Sunny Isles Beach
Developers have secured $463 million in financing for The St. Regis Residences, Sunny Isles Beach, Miami, a two-tower oceanfront condominium development under construction at 18801 Collins Avenue in Sunny Isles Beach. Fortune International Group and Château Group obtained the financing from Madison Realty Capital, with proceeds refinancing existing debt from Bank OZK while providing additional capital for continued construction of the 62-story South Tower.
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