In a significant development for Miami Metro’s luxury real estate market, S3 Capital has provided a $55.7 million construction loan for the creation of La Maré Regency Collection. This exclusive project, set to grace Bay Harbor Islands, will introduce 33 luxurious condominiums and 13 private boat slips. The residences promise unparalleled views of Biscayne Bay, merging opulence with a maritime lifestyle. With over 40% of units pre-sold before construction began, this project is poised to redefine high-end living in one of Miami's most coveted locations.

A Visionary Development in an Elite Locale

During the golden days of autumn, Bay Harbor Islands welcomed news of an ambitious residential project that promises to elevate the area's skyline. La Maré Regency Collection, spearheaded by Regency Development Group, is set to become a landmark in this tranquil yet accessible community. Positioned strategically to offer breathtaking vistas of Biscayne Bay, the boutique condominium will feature 33 family-oriented units designed by renowned architect Kobi Karp. Each residence is crafted to provide not just a home but a lifestyle that harmonizes luxury with waterfront charm.

The development also includes 13 private boat slips, enhancing the maritime appeal of the property. The team behind La Maré Regency Collection has an impressive track record, having successfully delivered over 600 luxury units across 63 projects over the past two decades. Their expertise ensures that every detail meets the highest standards of design and execution. Igor Michin, Managing Partner at Regency Development Group, expressed pride in collaborating with S3 Capital to bring this vision to life, marking a significant milestone in redefining luxury living.

Steven Jemal, Managing Director of Origination at S3 Capital, echoed the sentiment, emphasizing the firm's confidence in the project's ability to capture the essence of Bay Harbor Islands. Andrew Troyanovsky, another key figure at Regency Development Group, highlighted the importance of S3 Capital as the ideal partner to realize the visionary designs of Kobi Karp and Debora Aguiar.

Beyond its architectural splendor, Bay Harbor Islands offers residents proximity to world-class amenities such as shopping, dining, and pristine beaches. The area's reputation for tranquility and accessibility makes it an attractive choice for discerning families, further enhanced by the presence of Ruth K. Broad Bay Harbor, a leading K-8 school nearby. The strong early demand for La Maré Regency Collection underscores the enduring appeal of luxury waterfront living in Miami Metro, both domestically and internationally.

Additionally, the sponsorship team owns two other properties on Bay Harbor Islands, collectively bringing 51 new boutique luxury units to the area upon completion. This strategic expansion reinforces their commitment to shaping the future of residential and commercial real estate in the region.

The transaction was brokered by Jones Lang LaSalle (JLL), ensuring a smooth process from inception to realization.

S3 Capital, known for its expertise in construction and bridge lending, has funded over $5.0 billion across more than 650 loans. Their dedicated capital pool allows them to promptly address construction-related expenses, making them an ideal partner for developers like Regency Development Group.

Regency Development Group, founded in Chicago in 2004, has spent over two decades creating diverse, high-quality properties. Collaborating with top architects and industry professionals, they have consistently delivered innovative spaces that people are proud to call home.

From a reader's perspective, the La Maré Regency Collection exemplifies how visionary development can transform a community. It highlights the growing trend of integrating luxury living with natural beauty and convenience, setting a new standard for waterfront developments. This project serves as a testament to the resilience and sustained appeal of Miami's luxury real estate market, attracting both domestic and international buyers. The success of La Maré Regency Collection suggests that well-planned, premium offerings continue to thrive, even in competitive markets. Ultimately, it underscores the importance of collaboration between experienced developers and financial partners in realizing ambitious projects that enhance the quality of life for residents.