Marius Fortelni lands $60M loan for Jupiter townhouse project
Marius Fortelni’s Forté Development landed a $60 million construction loan for his planned waterfront townhouse project in Jupiter. Kriss Capital, a New York-based lender helmed by Jody Kriss, is providing the loan, according to a press release. Michael, Jordan and David Horowitz of Cooper Horowitz brokered the loan. The 17-unit Forté Luxe, which is planned for 12450 Crystal Cove Place, received $47.5 million in construction financing from Andrew Waldman’s 360 Capital Funding last summer. The Kriss Capital loan replaces the 360 Capital loan, a spokesperson confirmed. Units in the project will range from 3,600 square feet to 5,100 square feet. […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
From Chicago’s housing projects to a home: How MLK’s fight for homeownership equality changed my life
Utah Proposes Law To Encourage Starter Home Construction
Stunning 130-Year-Old Tuxedo Park Villa Built for a Duchess Lists for $2.2 Million
Housing demand is off to a solid start in 2026
Goodbye SoHo, Hello NoFlo? How the Watersound Area of North Florida Is Becoming New York’s Hottest New Neighborhood
Ken Griffin, Mana deny talks of $700M Mana Wynwood sale
The ‘Sunday Home’ Trend: Designing for Comfort, Not Show
If the Chicago Bears Lose Against L.A. Rams, Will Simone Biles and Jonathan Owens Finally Get To Move Into Custom Texas Mansion?
Iconic Gilded Age Manor on Long Island’s Gold Coast Returns to Market for Under $11 Million
Perfect Replica of 1804 Chestnut Hill Mansion That Once Housed Designer Behind New York City’s Central Park Lists for $11.5 Million
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131