News July 15, 2021
Fort Partners buys Four Seasons Brickell hotel for $130M
The Real Deal reported that Fort Partners has acquired the Four Seasons Miami hotel in Brickell for an estimated $130 million, with $105 million in financing provided by Madison Realty Capital. The 221-key hotel at 1435 Brickell Avenue in Miami is part of the 70-story mixed-use tower that also includes office space, residential condos, an Equinox gym, retail space and a parking garage. Fort Partners now controls all South Florida Four Seasons locations under the same ownership umbrella. In 2019, Madison provided a $210 million loan to Fort Partners for its construction of the Four Seasons Hotel and Private Residences Fort Lauderdale.