Fort Partners drops $25M on condo in its Seaway project in Surfside

Nearly a year after closings began, Fort Partners dropped $24.5 million on a unit in its Seaway condo project in Surfside.  Records show HBV Seaway Owner, a Delaware entity managed by Nadim Ashi’s Fort Partners, bought the 4,400-square-foot unit 103 at 9149 Collins Avenue from another affiliate of the developer. The purchase was financed with a $16.4 million loan from the City National Bank of Florida, according to mortgage documents. While the LLC is registered to Fort Partners, and Ashi signed the mortgage documents, it is unclear whether other buyers are involved in the deal. Fort Partners did not respond […]This article originally appeared on The Real Deal. Click here to read the full story.