June 3, 2025 — CastleSquare is proud to announce its exclusive engagement to structure and arrange $400 million in capital for a landmark $1 billion ultra-luxury residential development. The project, led by a seasoned development team, will introduce a first-of-its-kind resort-residential community in one of the most prestigious oceanfront destinations in the United States.
The master-planned development will feature expansive estate-style residences, panoramic ocean views, and a full suite of five-star resort amenities including a private golf course, oceanfront clubhouse, and dedicated concierge services. The project is strategically designed to meet accelerating demand from global high-net-worth buyers seeking ultra-exclusive second homes.
CastleSquare has been retained as the exclusive advisor to arrange and structure a multi-phase, $400 million construction financing solution. The project financing is anticipated to be staged in tranches aligned with the project’s phased delivery schedule.
“This engagement reflects CastleSquare’s deep expertise in structuring institutional capital solutions for sophisticated development projects” said Michael Khalilzad, President of CastleSquare. “We pride ourselves on aligning with visionary sponsors executing extraordinary projects and are honored to support a opportunity of this caliber redefining luxury residential development.”
With site improvements underway and vertical construction set to commence by late 2025, the project is positioned to set a new benchmark for high-end resort living. The initial offering has already attracted strong interest from ultra-high net worth buyers and leading financial institutions.
Interested lenders are invited to contact CastleSquare’s Capital Markets Group for more information.