Fort Partners scores $108M construction loan for latest Surf Club condo addition in Surfside
The Real Deal reported that Madison Realty Capital provided $107.6 million in construction financing to Fort Partners for Seaway North at The Surf Club. The luxury project, located at 9165 Collins Avenue in Surfside, will be an 11-story building with nine condos adjacent to the Four Seasons Hotel and Residences. Fort Partners CEO Nadim Ashi is developing the oceanfront project on the former Hillcrest by the Sea site. Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital said “Miami’s Surfside is one of the most coveted neighborhoods in South Florida and home to some of the top beachfront property in the state. Seaway at the Surf Club will redefine the standard for luxury residences in the area and serve as a premier destination for years to come. Fort Partners is the exclusive developer of Four Seasons projects in South Florida, and we are pleased to work with them again to deliver a tailored financing solution for Seaway North at The Surf Club.”
