Leading real estate finance advisory firm secures full capital stack for one of the region’s most distinguished residential developments

Las Vegas, NV / Miami, FL — Concord Summit Capital (“CSC”) has secured $781 million of total construction financing for The Four Seasons Private Residences Las Vegas, making it one of the largest construction loans of the year. The transaction officially closed on Monday, December 8, 2025.

CSC’s Kevin O’Grady and Tyler Beauregard served as the exclusive advisors to Two Roads Development, Azure Resorts & Hotels and Luxus. CSC leveraged its longstanding relationships with three exceptional lenders to secure the full capital stack for the project’s vertical construction. JP Morgan provided a $526 million senior loan, and Sculptor Real Estate and Morning Calm Management provided $255 million in mezzanine and preferred equity, combined.

“This construction financing is a remarkable display of Concord Summit Capital’s depth of experience, both in this type of product as well as structured finance, having closed over 110 condominium towers across the country,” said Kevin O’Grady, Chairman of Concord Summit Capital. “It also speaks to the depth of Concord Summit’s capital relationships and its capacity to guide complex developments from land acquisition through full vertical capitalization. This achievement adds to the firm’s long history of success in financing luxury condominium towers nationwide and is reflective of its pipeline of projects moving towards closing.”

The ultra-luxury Four Seasons Private Residences comprises 171 condominium residences and 21 custom-built single-family homes within MacDonald Highlands, an exclusive gated enclave nestled in the foothills of Henderson, Nevada. Prices range from $5 million to $35 million, with 75% of the homes sold.

The project stands as one of the region’s most distinguished residential developments, seamlessly blending world-class design, premier hospitality, and resort-style amenities within one of Southern Nevada’s most coveted master-planned communities.

The Four Seasons Private Residences Las Vegas marks the brand’s first stand-alone residential offering in the city, reflecting continued demand for branded luxury living and underscoring the strength of the Las Vegas ultra-luxury market. The project also reinforces Henderson’s emergence as a premier destination for high-net-worth buyers seeking resort-style living with proximity to the Las Vegas Strip.

“Concord Summit became involved when the project was still just a concept, and it’s been rewarding to help guide it from the formation of the partnership through land acquisition, horizontal development, and now vertical construction, all while achieving over $700 million in presales by the time construction commenced,” said Beauregard.

“Tyler has a close relationship with the local developer and connected them with Two Roads, a long-time client of ours. The two entities have forged a formidable partnership with complementary capabilities, as further evidenced by the exceptionally strong presales the project has achieved so far,” said O’Grady. “I would also like to thank Matt Grant, who heads up Two Roads’ capital markets division, for his hard work and contribution on this transaction.”

“Concord Summit was a strong partner from start to finish, but what truly set them apart was Kevin O’Grady and Tyler Beauregard, and their conviction from day one,” said Jonathan Lawrence, Managing Partner of Luxus Developments. “Where other advisors might have hesitated, Kevin and Tyler immediately understood the opportunity. Luxury condominiums in Las Vegas were still unproven, but Kevin and Tyler saw the potential for us to bring something genuinely new to this rapidly growing market.”

Construction of the project is underway and is expected to be delivered in mid-2027.

About Concord Summit Capital

Concord Summit Capital is a leading intermediary between sponsors and providers of capital for commercial real estate debt and equity financing. CSC provides three independent services across its investment platform. The Concord Summit Capital Advisory Team provides fee-based advisory services for debt and equity transactions for commercial real estate capitalizations, ranging from $3 million to $1 billion. The Advisory Team has arranged over $35 billion of debt, structured financing, and equity. The Concord Summit Capital Investment Team acquires distressed assets and non-performing loans from all banks and financial institutions across the nation.  The Concord Summit Capital Fund Team invests in commercial real estate debt and equity structures in transactions ranging from $2 million to $35 million. The firm has offices in Miami, Florida; Los Angeles, California; Denver, Colorado; and New York, New York.

About Four Seasons Private Residences

As a long-time leader in branded residences, Four Seasons currently operates 53 branded Private Residence properties around the world, with more than 65% of future Four Seasons projects including a residential component. All Four Seasons residential offerings combine Four Seasons' legendary people and service with bespoke hotel and resort-style amenities such as spa services, in-residence dining services, housekeeping, concierge services and many more, creating a seamless experience for residence owners. For more information, visit www.fourseasons.com

Originally reported by Concord Summit.

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