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October 29, 2026

Faena Residences

Walker & Dunlop served as the exclusive advisor for an $817 million construction loan for Faena Residences in Miami, Florida, on behalf of Fortune International Group and KAR Properties.

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Walker & Dunlop Capital Markets | Institutional Advisory arranged $817 million in construction financing for Faena Residences Miami, a landmark luxury development that marks the largest condominium construction loan recorded to date in Florida.

Led by Michael Stepniewski, Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, and Sean Bastian, the team served as advisor to Fortune International Group and KAR Properties LLC | KAR Florida LLC and arranged the financing provided by TYKO Capital.

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