Forte Development Secures $60 Million Construction Loan From Kriss Capital In Jupiter, FL

This transaction involves a loan asset secured at 12450 SE Crystal Cove Pl, located in the Jupiter, FL market. The total loan amount is $60,000,000 and it is classified as a construction loan. The lender for this transaction is Kriss Capital, and the landlord is Forte Development.

Summary of transation details:

• Property Type: Note / Loan
• Transaction Amount: $60,000,000
• Lender: Kriss Capital
• Landlord: Forte Development
• Landlord's Representative: Michael Horowitz - Cooper Horowitz
• Loan Type: Construction
• Date: 7/30/2025
• Address: 12450 SE Crystal Cove Pl
• Market: Jupiter, FL

The transaction features key individuals including Mark Luehring Jones, Jody Kriss, Harvey Lederman, and Nicholas Solomon, who are associated with this loan agreement and contribute to its execution and structure without overlapping roles previously discussed.