Ritz-Carlton Residences tower also sells full-floor penthouse for $21 million

This past week Miami development partners Fortune International Group and Château Group have secured $212,110,000 of construction financing for The Ritz-Carlton Residences, Sunny Isles Beach. The financing is provided by Bank of the Ozarks.

In June, dignitaries of the City of Sunny Isles Beach celebrated the condominium's groundbreaking, commencing construction of the oceanfront residential tower located at 15701 Collins Avenue. The development is scheduled for completion in late 2018 and will be built by Suffolk Construction, one of the largest building contractors in the United States

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