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Forté Development Locks Down $47.5 Million Construction Loan For Forté Luxe In Jupiter

July 10, 2024

Forté Development has recently secured a $47.5 million construction loan for its luxury boutique waterfront community, Forté Luxe, located in Jupiter, Florida. The loan was obtained from New York-based 360 Capital Funding, a non-conventional lender specializing in real estate financing across the continental United States. Michael Horowitz and Jordan Horowitz of Cooper Horowitz arranged the financing on behalf of Forté Development.

"We are very pleased to secure construction financing with 360 Capital Funding, at very competitive rates and terms, for Forté Luxe," said Marius Fortelni, founder and CEO of Forté Development. "This luxurious residential community offers its residents a one-of-a-kind opportunity to live at the water's edge and enjoy the ultimate South Florida lifestyle."

Featuring just 17 multi-level residences on a unique peninsula surrounded by stunning Intracoastal Waterway views, Forté Luxe is currently under construction and expected to be completed in Q4 of 2025. The community offers a range of amenities, including private boat slips for up to 60-foot vessels, a resort-style swimming pool, and sun deck with entertainment areas.

The residences at Forté Luxe will range from 3,550 to over 5,000 square feet of living space, with modern architecture and upscale features throughout. Each residence will boast expansive great room interiors with full-height glass doors and windows, private garages with grand entries, private elevators, and waterfront terraces or balconies offering stunning views of the Intracoastal Waterway. The designer kitchens will feature European-inspired cabinetry, Quartz countertops, and top-of-the-line appliances.

The project is being overseen by Alfonso Jurado for architecture, Steven G. for interiors, and KAST Construction as the general contractor. Douglas Elliman Development Marketing is the exclusive sales team for Forté Luxe. The community is located at 12450 Crystal Cove Place in Jupiter, FL 33469, offering luxurious waterfront living for those looking to embrace the South Florida lifestyle.

Forté Development Locks Down $47.5 Million Construction Loan For Forté Luxe In Jupiter 4.jpg
Forté Development Locks Down $47.5 Million Construction Loan For Forté Luxe In Jupiter 2.jpg

Renderings via We Are Visuals

For more information about Forté Luxe or to inquire about purchasing a unit please fill out the form below:

In Commercial, Banking, Development, Development News, Finance & Banking, Jupiter, News, News & Features, Restaurants Tags News, News & Features, Development News, Development, Jupiter, Forté Luxe, 360 Capital Funding, Forté Development, Residential, Commercial, Marius Fortelni, Banking, Finance & Banking, Finance, Financing, Construction Loan, Cooper Horowitz
← Golden Beach Oceanfront Estate Complete With Shelby Cobra Hits Market For $42 MillionUgo Colombo's CMC Group Secures $69.9 Million Refinancing Loan For 4000 Ponce Home of The Collection →

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