St. Regis Sunny Isles Secures $418 Million in Construction Financing as South Tower Hits 90% Sold

South Florida’s branded residence market continues its remarkable momentum. Fortune International Group and Château Group have secured a $418.3 million construction loan from Bank OZK for The St. Regis Residences, Sunny Isles Beach—one of the largest financing packages ever recorded in the area.

The timing couldn’t be more telling. With the South Tower already 90% sold and a total sellout projection exceeding $3 billion, this development has become a bellwether for luxury demand in the region.

What makes this project stand out:

• 435 linear feet of oceanfront — the most of any residential enclave currently rising in South Florida
• 320 total residences across two towers (170 in South Tower, 150 in North Tower)
• Arquitectonica design with construction by Coastal Construction
• Residences starting at $5 million

The South Tower is on track for completion in late 2028, with the North Tower breaking ground next year.

“Securing this loan confirms the strong confidence lenders have in our vision,” noted Edgardo Defortuna, CEO of Fortune International Group.

This financing milestone reinforces what we’re seeing across the branded residence sector: sustained demand from global buyers seeking the security and service that come with an iconic hospitality brand.