Besides incorporating the design work of Bentley Motors, Dezer Development’s new Sunny Isles Beach condos will include an elevator that transports both residents and their vehicles directly to private sky garages.
Dezer secured $630 million in construction financing for Bentley Residences, the world’s first Bentley-branded residential tower located in Sunny Isles Beach, Florida and developed in collaboration with Bentley Motors Ltd. The construction loan was provided by Madison Realty Capital. Berkadia South Florida successfully secured the development financing.
With site preparation and foundation work nearing completion, the 61-story oceanfront tower is on track for delivery in 2028. The project has already reached over 50% in sales.
Bentley Residences will feature 216 homes designed in partnership with Bentley Motors and Sieger Suarez Architects, integrating the brand’s signature craftsmanship throughout. Highlights include terraces with private pools, state-of-the-art Gaggenau kitchens, Italian cabinetry, and spa-inspired bathrooms.
Additional amenities span 20,000 square feet, including a whiskey bar, cigar lounge, cinema, wellness spa, oceanfront pool deck, and a private restaurant.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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