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Stalled Miami island condominium project scores $67 million loan

S3 Capital financing restarts work on Tula Residences
Construction is set to resume on Tula Residences after Bayshore Grove Capital received a $67 million loan to finish the project. (CoStar)
Construction is set to resume on Tula Residences after Bayshore Grove Capital received a $67 million loan to finish the project. (CoStar)
CoStar News
December 26, 2025 | 2:49 P.M.

Tula Residences, a luxury condominium being developed by Bayshore Grove Capital, received a $67 million construction loan from S3 Capital.

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