$324M Construction Loan Secured for Four Seasons Private Residences Coconut Grove

South Florida-based real estate development firms CMC Group and Fort Partners have closed a $323.8 million construction loan from Bank OZK, a leading national lender, for Four Seasons Private Residences Coconut Grove

BRESI OVERVIEW: Four Seasons Private Residences Coconut Grove Financing News.

  • $323.8M Construction Loan Closed: CMC Group and Fort Partners have secured financing from Bank OZK for Four Seasons Private Residences Coconut Grove.

  • 70 Waterfront Branded Residences: The 20-story tower features two to four-bedroom homes ranging from 2,025 to 3,975 square feet with water views, 10-foot ceilings, and Italian kitchens by Molteni&C.

  • Full Four Seasons Services: Residents receive Director of Residences, housekeeping, butler services, in-residence dining, and access to restaurant, pool deck, fitness center, and comprehensive spa facilities.

  • Italian Design Team: Miami architect Luis Revuelta and Florentine designer Michele Bönan designed the tower with floor-to-ceiling windows, smart home systems, and European appliances throughout.

CMC Group and Fort Partners have closed a $323.8 million construction loan from Bank OZK for Four Seasons Private Residences Coconut Grove, a 20-story waterfront residential tower at 2699 South Bayshore Drive in Miami’s Coconut Grove neighbourhood.

The project broke ground in October 2024 and is advancing on schedule toward a mid-2028 completion and will deliver 70 luxury private branded residences along the waterfront.

The financing will support the completion Florida’s first standalone Four Seasons branded residential development

Four Seasons Private Residences Coconut Grove
Four Seasons Private Residences Coconut Grove. Image Courtesy of CMC Group

Strong Lender Interest

The construction loan attracted exceptional interest from the lending community, with more than 10 financial institutions submitting competitive proposals.


“The level of interest was exceptional, with more than 10 lenders providing highly competitive terms,” said Ugo Colombo, Founder of CMC Group. “That response underscores the strength of, and market confidence in, the development team, the Four Seasons brand, an exciting Coconut Grove location and a long-term vision centered on timeless architecture, refined design and world-class service.”

“This financing marks a pivotal moment for Four Seasons Private Residences Coconut Grove,” said Nadim Ashi, CEO of Fort Partners. “It affirms our long-term vision for a thoughtful, enduring property that will contribute meaningfully to the neighborhood and to the Four Seasons legacy.”


Four Seasons Private Residences Coconut Grove Design and Architecture

Four Seasons Private Residences Coconut Grove is designed by Miami-based architect Luis Revuelta, with interior design by Florentine designer Michele Bönan. The 70 waterfront homes range from 2,025 to 3,975 square feet, comprising two, three, and four-bedroom residences.

All residences feature floor-to-ceiling windows that maximize water views and natural light, while expansive terraces with glass railings extend the living space outdoors. Each home is accessed via dedicated elevator to a private foyer, ensuring exclusivity and privacy for residents.

Interiors showcase custom Italian kitchens by Molteni&C designed in collaboration with Michele Bönan Interiors, equipped with top-of-the-line European appliances, faucets, and fixtures. Bathrooms feature Italian cabinetry complemented by Italian marble finishes throughout.

An integrated smart home automation system provides residents with customisable controls, while linear air diffusers enhance the minimalist, sophisticated design aesthetic.

The residences are crafted with generous proportions and continuous drywall ceilings that emphasize space and light, reflecting a commitment to beauty, comfort, and well-being through thoughtfully designed spaces and impeccable craftsmanship.

Exclusive Amenities and Services

The development will offer resort-style amenities including a restaurant, library, children’s area, private event room, and an expansive pool deck with a bar lounge serviced by Four Seasons.

The wellness program features a state-of-the-art fitness center, yoga and massage rooms, and an expansive spa with multiple facilities. Spa amenities include a cold plunge, hydromassage pool, infrared sauna, Roman-inspired sauna circuit, ice fountain, and specialty horizontal and leg shower facilities.

Although there is no on-site hotel, residents will sill have access to world-class hospitality led lifestyle with typical Four Seasons service, including a dedicated Director of Residences, Lifestyle Manager, housekeeping and butler services, in-residence dining, valet operations, and wellness programming.

This service model demonstrates Four Seasons commitment to delivering its signature hospitality standards in a standalone residential format.

Charming Waterfront Location

The waterfront site is positioned along South Bayshore Drive within Coconut Grove, surrounded by local boutiques, Michelin-starred restaurants, and lush parks. The location offers proximity to neighborhood amenities while maintaining the refined, serene atmosphere characteristic of Coconut Grove.

The project reflects the neighborhood’s evolution as a luxury residential destination, combining waterfront access with cultural and dining offerings that appeal to high-net-worth buyers seeking a connected yet relaxed lifestyle.

Four Seasons Private Residences Coconut Grove

Sales at Four Seasons Private Residences Coconut Grove are being handled internally by CMC Real Estate and Fort Realty. The in-house sales approach allows the development team to maintain direct control over buyer relationships and marketing strategy.

The strong lender response and competitive financing terms achieved by the developers indicate sustained confidence in South Florida’s luxury residential market. The project represents a significant addition to Miami’s branded residence sector, particularly as the first standalone Four Seasons residential development in Florida.

A mid-2028 completion timeline positions the project to deliver during a period when Miami’s luxury residential market continues to attract domestic and international buyers seeking premium branded living experiences.

For more information visit Four Seasons Private Residences Coconut Grove official website

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