Luxury condo tower in Sunny Isles secures $134 million construction loan

Developers have secured a $133.7 million construction loan for a luxury condo project in Sunny Isles Beach.

The project, called Muse and located at 17141 Collins Ave., will break ground this week. Canyon Partners Real Estate, a Los Angeles-based real estate firm, provided the financing to developers Property Markets Group and S2 Development.

Muse has 68 units with prices averaging $1,500 per square foot. Construction is expected to wrap up in the first quarter of 2018.

This story was originally published August 6, 2015 at 5:52 PM with the headline "Luxury condo tower in Sunny Isles secures $134 million construction loan."