SUNNY ISLES BEACH, FL - Dezer Development, LLC has 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, a real estate private credit manager focused on US-based commercial real estate lending strategies. Berkadia South Florida successfully secured the development financing.
With site preparation and foundation work nearing completion, the landmark 61-story oceanfront tower is on track for delivery in 2028. The project has already reached over 50% in sales, including the record-setting sale of both penthouses listed at $37.5 million each.
“Securing this financing underscores confidence in our vision to deliver an unmatched living experience where luxury, privacy, innovation, and design meet,” said Gil Dezer, President of Dezer Development.
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 expansive terraces with private pools, state-of-the-art Gaggenau kitchens, Italian cabinetry, and spa-inspired bathrooms.
“As the first Bentley-branded residential tower ever constructed, this project represents a milestone in the evolution of branded luxury living,” said Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital. “We are pleased to build on our experience as a lender to premier branded residential properties by supporting Dezer Development, a sponsor widely recognized for delivering some of South Florida’s most iconic luxury projects.”
The tower includes the pioneering Dezervator car elevator, which transports both residents and their vehicles directly to private sky garages. Additional amenities span 20,000 square feet, including a whiskey bar, cigar lounge, cinema, wellness spa, oceanfront pool deck, and a private restaurant curated by celebrity chef Todd English.
Pricing begins at $5.8 million. For details or to schedule a sales gallery visit, visit bentleyresidencesmiami.com, call 305-BENTLEY, or email info@bentleyresidencesmiami.com.
About Dezer Development: Dezer Development was founded in 1970 by creative and innovative real estate visionary, Michael Dezer. With the involvement of his son, Gil Dezer, President of Dezer Development, the company has grown to encompass unique and strategic holdings in New York, Florida, and Las Vegas over the past 45 years. Today, with just over 27 oceanfront Floridian acres, Dezer Development has arguably one of the largest holdings of beachfront property owned and developable in the state. Dezer Development’s branded real estate portfolio includes Porsche Design Tower, and Residences by Armani/Casa and now, Bentley Residences. Generating an unprecedented response from a broad range of local, national, and international buyers, the prolific developer has successfully sold over 2,700 units and generated over $3.6 billion in sales.
About Bentley Motors: Bentley Motors is the most sought after luxury car brand in the world. The company’s headquarters in Crewe is home to all of its operations including design, R&D, engineering and production of the company’s three model lines, Bentayga, Continental and Flying Spur. The combination of fine craftsmanship, using skills that have been handed down through generations, alongside engineering expertise and cutting-edge technology is unique to UK luxury car brands such as Bentley. It is also an example of high-value British manufacturing at its best. Bentley employs around 4,000 people at Crewe.
About Madison Realty Capital: Madison Realty Capital is a real estate private credit manager focused on US-based commercial real estate lending strategies. As of June 30, 2025, the firm and its controlled affiliates (collectively, "Madison") manage $23 billion in assets on behalf of a global institutional investor base. Since 2004, Madison has completed $70 billion of real estate credit transactions. Madison seeks to deliver value at every phase of the property lifecycle by providing tailored financing solutions to borrowers across the capital stack. To learn more, follow Madison Realty Capital on LinkedIn and visit www.madisonrealtycapital.com