Some buyers would rather borrow against a portfolio than sell it. At Rivage Bal Harbour, 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.
Rivage Bal Harbour: The deposit schedule is held by the desk and read with you before contract.
The Rivage Bal Harbour dossier holds the developer’s published record. Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
Pre-construction deposits at Rivage Bal Harbour 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.
Rivage Bal Harbour: Related Group · Two Roads Development.
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 Rivage Bal Harbour. If the contract carries no financing contingency, a line reduced or closed before closing at Rivage Bal Harbour does not excuse the closing.
Rivage Bal Harbour: ~56 homes across 25 stories.
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 Rivage Bal Harbour 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 Rivage Bal Harbour so draws can be planned against it.
Borrowing keeps the portfolio. It also keeps the portfolio’s risk until the keys.
Developer materials for Rivage Bal Harbour as carried on the live dossier, verified 2026-09-19. 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.
Samuel Strauch is the owner of Metrik Real Estate. His team of agents represents buyers in Miami pre-construction.
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