HENDERSON, NEV. — Concord Summit Capital (CSC) has secured $781 million in construction financing for The Four Seasons Private Residences Las Vegas. Two Roads Development, Azure Resorts & Hotels and Luxus Developments are the borrowers.
The full capital stack for the project’s vertical construction includes a $526 million senior loan from J.P. Morgan and $255 million in mezzanine and preferred equity from Sculptor Real Estate and Morning Calm Management. Kevin O’Grady and Tyler Beauregard of CSC served as exclusive advisors to the developers.
Four Seasons Private Residences will consist of 171 condominium units and 21 custom-built single-family homes within MacDonald Highlands, a gated enclave in the foothills of Henderson, a city southeast of Las Vegas. Construction is underway, with completion slated for mid-2027.
Residences will range from two to five bedrooms, all with views of the Las Vegas Strip. Wimberly Interiors is the interior architect for the project.
The property will include roughly 90,000 square feet of Four Seasons amenities, including three outdoor pools and a high-end gym. Wolfgang Puck Fine Dining Group will operate an onsite restaurant.
Additionally, the Four Seasons Private Residences features a first-of-its-kind collaboration with RH Contract, a division of luxury lifestyle brand and retailer RH, formerly Restoration Hardware. The furnishing options are tailored to each floor plan and palette.
“We are thrilled to introduce these custom RH package offerings exclusively to our future residents,” says Jim Reilly, president of Azure Resorts & Hotels. “This collaboration reflects our shared commitment to quality, craftmanship and effortless living.”
Upon completion, every residence will feature semi-private elevators, private garages, deluxe kitchens and spa-inspired baths, all backed by the Four Seasons service standard. The tower’s tallest home, the Sky Villa, will span multiple levels and include a private plunge pool, several terraces and flexible “bonus” rooms for customization.
Prices for homes start at $5 million.
Two Roads Development is a South Florida-based real estate development firm that specializes in residential and mixed-use projects.
Nevada-based Azure Resorts & Hotels develops luxury resort residential real estate in North America and the Caribbean.
New York City-based Luxus Developments, a subsidiary of The Luxus Group, is a boutique real estate investment and development firm focused on the hospitality and resort-residential asset classes.
Four Seasons currently operates 53 branded Private Residence properties around the world, with more than 65 percent of future Four Seasons projects including a residential component.
— Kristin Harlow and Amy Works