SUNNY ISLES BEACH, FL-In March 2010, an affiliate of Dezer Properties assumed an existing loan from a Trump development partnership and started trying to sell a slew of empty condos. After selling more than 350 units, the firm has paid off a $265-million mortgage on Trump Towers II and III.

The project’s three towers each have 45 stories and 271 units, for a total of 813 units. Tower I is sold-out and occupied. Tower II and Tower III, which had a combined 475 units remaining to sell when the Dezers assumed the loan, now have slightly more than 100 units remaining.

“When we took over the mortgage from the original development group, we felt that a four-year time-window would be appropriate for the volume of units that needed to be sold,” Gil Dezer, president of the Dezer entities, tells GlobeSt.com. “The rate at which sales are occurring, it is our hope to conclude sales some two year ahead of our initial forecast.”