Some buyers would rather borrow against a portfolio than sell it. At Continuum 12000, here is how that money behaves in the years between the first deposit and the keys.
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A securities-backed line of credit is a revolving loan from a bank or brokerage, secured by an investment account the borrower keeps. The lender sets an advance rate for each kind of holding, so a broad account supports a larger line than one concentrated in a single stock. The rate usually floats over a short-term benchmark, and most lines forbid using the money to buy more securities. Whether a residence deposit is a permitted use is written in the lender’s agreement.
Continuum 12000: The deposit schedule is held by the desk and read with you before contract.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
Pre-construction deposits at Continuum 12000 fall due in stages while the tower rises. A line drawn for each stage stays drawn until closing, so interest runs for years and the collateral has to hold its value the whole time. If markets fall far enough, the lender can call for more collateral or a repayment within days, and can sell holdings if neither arrives. A deposit already paid into escrow cannot be pulled back to meet that call.
Continuum 12000: 12000 Property Owners, LLC, under a brand license from Continuum Group IP Holdings; the Continuum brand of Ian Bruce Eichner and the Continuum Company, of Continuum South Beach. Vision letter signed by Allie Eichner, Continuum Company.
The developer and the escrow agent see a wire, not a loan. Contracts still ask where the money came from, and banks apply anti-money-laundering checks to large transfers, so keep the line agreement and each draw record with the deposit receipts for Continuum 12000. If the contract carries no financing contingency, a line reduced or closed before closing at Continuum 12000 does not excuse the closing.
Continuum 12000: 263 residences plus bayfront villas and penthouses in a 20-storey glass tower; one to three bedrooms, 1,035 to 3,543 square feet; 10-foot ceilings, floor-to-ceiling glass, oversized balconies; Sub-Zero and Wolf kitchens, Waterworks fittings, Calacatta marble baths, private en-suite cedar sauna.
At closing a buyer can repay the line from cash, replace it with a mortgage on the residence, or leave it outstanding. A mortgage lender on a residence at Continuum 12000 counts the line as debt, traces the source of the deposits and may ask for the account statements behind them. Whether the interest is deductible depends on how the borrowed money is traced and used, a question for a tax adviser. The desk keeps the deposit calendar for Continuum 12000 so draws can be planned against it.
Borrowing keeps the portfolio. It also keeps the portfolio’s risk until the keys.
Developer materials for Continuum 12000 as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
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We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Miami Dossier is the private buyer advisory of Metrik Real Estate, built to represent buyers in Miami pre-construction. Principal: Samuel Strauch.
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