JPMorgan, Sculptor Lend $686 Million for Luxury Las Vegas Condos

A rendering of the planned Four Seasons Private Residences property near Las Vegas.Source: Four Seasons Private Residences Las Vegas

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November 11, 2025 at 6:10 PM UTC

JPMorgan Chase & Co., Sculptor Real Estate and Morning Calm Management provided a $686 million construction loan for a Four Seasons Private Residences property near Las Vegas.

The debt will help Azure Resorts & Hotels, Luxus Developments and Two Roads Development build the project, according to a statement. The luxury condo development is expected to be move-in ready by the middle of 2027.