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tradedmiami · 3 months
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LOAN IMAGE: Andrew Waldman, Jared Berkey, Marius Fortelni, Jordan Horowitz & Michael Horowitz DATE: 07/03/2024 ADDRESS: 12450 Crystal Cove Place MARKET: Jupiter, FL ASSET TYPE: For-Sale Luxury Townhomes ~ UNITS: 17 LANDLORD: Marius Fortelni (@ForteLuxe561) - Forte Development LENDER: Andrew Waldman & Jared Berkey (@JaredBerkey) - 360 Capital Funding BROKERS: Jordan Horowitz (@JayHoro15) & Michael Horowitz (@MikeHoro15) - Cooper Horowitz (@Cooperhorowitz) LOAN AMOUNT: $47,500,000 LOAN TYPE: Construction NOTE FROM BROKER: Forté Development secured a $47,500,000 million construction loan from New York-based 360 Capital Funding for the development of Forté Luxe Townhomes. Featuring just 17 multi-level residences on an exceptional and unique peninsula surrounded on three sides by beautiful Intracoastal Waterway views, Forté Luxe, which is currently under construction, is expected to be completed in Q4 2025. Forté Luxe offers views of cobalt blue water typically only found in the Bahamas. Boasting modern architecture, the pet-friendly community will offer 13 private boat slips for up to 60-foot vessels (residents can purchase dockage), and a private resort-style swimming pool and sun deck with entertainment areas. Cooper Horowitz arranged the financing on behalf of Forté Development. #Florida #RealEstate #Jupiter #MariusFortelni #ForteDevelopment #AndrewWaldman #JaredBerkey #360CapitalFunding #JordanHorowitz #MichaelHorowitz #CooperHorowitz #TradedPartner #TradedNY #TradedNewYork #TradedMiami
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