St. Regis Residences, Sunny Isles Beach Lands a $463M Madison Realty Capital Loan Package
Fortune International Group and Château Group have a $463 million loan package from Madison Realty Capital for The St. Regis Residences, Sunny Isles Beach, The Real Deal reported on Oct. 26, 2026, citing the developers’ release. The developers announced a $113.75 million North Tower land loan from City National Bank of Florida on April 23, 2026.
This is a financing update. For the full building profile, see our St. Regis Residences, Sunny Isles Beach building page and our May 2 deep dive, Inside The St. Regis Residences, Sunny Isles Beach. This page covers only the loan and what the public record shows about the site.
The loan, as reported
| St. Regis Sunny Isles financing | Detail | Source (as of) |
|---|---|---|
| Loan package | $463 million | The Real Deal, Oct. 26, 2026, citing the developers’ release (accessed Oct. 27, 2026) |
| Lender | Madison Realty Capital | The Real Deal, Oct. 26, 2026 (Oct. 27, 2026) |
| Borrowers | Fortune International Group and Château Group | The Real Deal, Oct. 26, 2026 (Oct. 27, 2026) |
| Address | 18801 Collins Ave, Sunny Isles Beach | Miami-Dade Property Appraiser (Oct. 27, 2026) |
The Real Deal is the only outlet we use for this story, and only for the $463 million figure and the parties to it. We are not printing presale share, remaining-unit pricing or per-tower unit counts. We could not find the Oct. 26 release itself on the developers’, lender’s or wire sites as of Oct. 27, 2026, and reports of it disagree on how the residences split between the two towers.
What the developers have published
| St. Regis Sunny Isles | Detail | Source (as of) |
|---|---|---|
| Earlier financing | $113.75 million land loan for the North Tower from City National Bank of Florida | Developers’ release, April 23, 2026 (Oct. 27, 2026) |
| Towers | Two; South Tower under construction, North Tower next | Developers’ release, April 23, 2026 (Oct. 27, 2026) |
| South Tower completion | Scheduled for 2028 | Developers’ release, April 23, 2026; Haute Residence new-developments board (Oct. 27, 2026) |
| Pricing | From $5 million | Haute Residence new-developments board (Oct. 27, 2026) |
| Brand licensee | La Playa Beach Associates, LLC, under a license from Marriott | Developers’ release, April 23, 2026 (Oct. 27, 2026) |
The licensee named in the developers’ April release is the same entity the Property Appraiser lists as owner of record, below.
What county records show
| 18801 Collins Ave | Detail | Source (as of) |
|---|---|---|
| Folio | 31-2202-003-0120 | Miami-Dade Property Appraiser (Oct. 27, 2026) |
| Owner of record | La Playa Beach Associates LLC | Miami-Dade Property Appraiser (Oct. 27, 2026) |
| Lot size | 135,075 sq ft | Miami-Dade Property Appraiser (Oct. 27, 2026) |
| Land use on the roll | Vacant land, commercial | Miami-Dade Property Appraiser (Oct. 27, 2026) |
| 2026 market value | $135,075,000 | Miami-Dade Property Appraiser, 2026 roll (Oct. 27, 2026) |
The appraiser’s land-use code reflects the parcel’s status on the tax roll, not the construction under way. The legal description refers to a second folio (31-2202-003-0115). We have not yet found the new mortgage in Miami-Dade Official Records. A recording can trail a closing.
Why the loan matters to a buyer
A construction loan funds the work between deposits and closing, so it is one of the signals of completion risk. Before you sign, ask the sales team which tower your residence is in, the estimated completion date for that tower in the contract, and how your deposits are held. Our guide to pre-construction deposit structures explains the common schedules.
Context on the beach
For another recent Miami-Dade construction financing, see 1250 West Avenue’s $507M loan. To compare the St. Regis with its neighbor up Collins, read Bentley Residences vs. St. Regis Sunny Isles. Our Sunny Isles Beach page and new-developments board track the rest of the pipeline.
FAQ
How large is the St. Regis Sunny Isles loan package?
$463 million, per the developers’ Oct. 26, 2026 news release as reported by The Real Deal (as of Oct. 27, 2026).
Who is the lender?
Madison Realty Capital, per The Real Deal’s Oct. 26, 2026 report (as of Oct. 27, 2026).
Who is developing The St. Regis Residences, Sunny Isles Beach?
Fortune International Group and Château Group, per the developers’ April 23, 2026 release (as of Oct. 27, 2026).
Where is the project?
18801 Collins Avenue in Sunny Isles Beach, folio 31-2202-003-0120, per the Miami-Dade Property Appraiser (as of Oct. 27, 2026).
How big is the site in county records?
The appraiser lists a lot size of 135,075 square feet for folio 31-2202-003-0120 (as of Oct. 27, 2026).
Who is the owner of record?
La Playa Beach Associates LLC, per the Miami-Dade Property Appraiser (as of Oct. 27, 2026).
What other financing has the project announced?
A $113.75 million land loan for the North Tower from City National Bank of Florida, per the developers’ April 23, 2026 release (as of Oct. 27, 2026).
Is the new mortgage recorded yet?
We had not found it in Miami-Dade Official Records as of Oct. 27, 2026. Recordings can trail a closing.
How many residences are in each tower?
Published counts disagree on the split between the two towers, so we are not printing per-tower counts as of Oct. 27, 2026. Ask the sales team for the count in your tower.
Is this a new building?
No. This is a financing update on a project we already cover. See our St. Regis Residences, Sunny Isles Beach building page and our May 2 deep dive.
Sources
- Miami-Dade Property Appraiser, folio 31-2202-003-0120 (18801 Collins Ave): apps.miamidadepa.gov (accessed Oct. 27, 2026)
- Fortune International Group and Château Group, “Developers of The St. Regis Residences, Sunny Isles Beach, Miami Secure $113.75M Land Loan with City National Bank,” EIN Presswire, April 23, 2026: natlawreview.com (accessed Oct. 27, 2026)
- Haute Residence new-developments board: hauteresidence.com/new-developments/ (accessed Oct. 27, 2026)
- The Real Deal, “Fortune, Château score $463M loan for St. Regis Sunny Isles,” Oct. 26, 2026: therealdeal.com (one outlet data point: the $463M package and its lender, attributed by TRD to the developers’ release)