These financings support one of the fastest-growing sectors in specialty real estate, as collectors demand secure, customizable spaces for their valuable assets. Partners Peter Lagonowicz, Alberto Delgado and Manuel Fernandez represented CollectionSuites, a developer and operator of luxury private storage facilities, designed for high-end collectibles, on two construction loans for a combined $36.6 million senior loan financing commitment from Sunrise Realty Trust. The loans will fund two projects located in Doral and Palm Springs, Florida. CollectionSuites set a new standard in luxury industrial real estate, offering elegantly designed condominium suites and operating the facilities with premium features tailored for discerning collectors.
Each unit features 21-foot ceilings, showroom-style layouts, mezzanine lounges, and premium finishes throughout. Both the Doral and Palm Springs locations will include a private clubhouse with curated amenities operated by CollectionSuites, creating an exclusive environment for owners to showcase and preserve their most prized possessions.