Miami’s St. Regis Condo Project Lands $527 Million in Financing
- Elliott-backed Tyko Capital provides tower’s construction loan
- More than 60% of the project’s 152 units have found buyers
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South Florida developers Related Group and Integra Investments landed a $527 million loan to build luxury condos in Miami.
Tyko Capital, which is backed by Elliott Investment Management, is providing the construction loan for the 50-story St. Regis Residences, located in Miami’s South Brickell neighborhood, according to a statement. The tower will have 152 condos ranging from two to six bedrooms.