Forman Capital Provides $9.3M Loan For Development Site In Jupiter, FL

A development site located at 12450 Crystal Cove Place in Jupiter has been involved in a recent loan transaction. The property is situated in a desirable market and has a buildable square footage (BSF) of 107,541. The loan amount for this transaction is $9,333,000.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $9,333,000
• Address: 12450 Crystal Cove Place, Jupiter
• Market: Jupiter
• BSF: 107,541

The loan was provided by Forman Capital, with Ben Jacobson, Scott Mehlman, and Brett Forman serving as the lenders. Marius Fortelni is the borrower in this transaction. Representing the borrower is Robert Ginsberg from Eyzenberg & Company.