Dezer Development Secures Record $630 Million Financing for Bentley Branded Tower

Dezer Development lands a record $630M loan from Madison Realty Capital for the 61-story Bentley Residences, featuring car elevators and ultra-luxury amenities.

By: AXL Media

Published: Mar 14, 2026, 10:29 AM EDT

Source: https://www.multihousingnews.com/

Record Breaking Capital Injection and Development Timeline

The $630 million note serves as a critical milestone for the ultra luxury sector, signaling sustained lender confidence in high end Florida developments despite broader economic shifts. Currently, site preparations and the foundation for the tower are nearing completion at 18325 Collins Avenue. The project is expected to reach completion by 2028, with over 50% of the units already presold. With individual units commanding prices as high as $37.5 million, the project underscores the massive capital concentration currently flowing into the Sunny Isles Beach corridor.

Engineering Innovation and the Patented Car Elevator

Designed by Sieger Suarez Architects in partnership with Bentley Motors, the tower’s standout feature is its integrated automotive lift system. This specialized elevator is engineered to transport residents and their vehicles directly to private "sky garages" attached to each of the 216 residences. This technical feat follows the precedent set by the nearby Porsche Design Tower, also a Dezer project, which established the "Dezervator" technology. The strategic inclusion of these automotive focused amenities serves as a primary differentiator in a crowded luxury market, appealing to high net worth collectors.

Strategic Branding and Competitive Market Positioning

The Bentley Residences represents a growing trend of "branded residences" where developers leverage the prestige of luxury automotive or hotel brands to command premium pricing. By aligning with Bentley Motors and REALM Global, Dezer is positioning the property against other high profile branded projects like the Ritz Carlton and Mandarin Oriental residences. This strategic branding allows developers to justify record breaking price per square foot valuations by offering a lifestyle experience that mirrors the craftsmanship and service associated with the partner brand.