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Fort Partners Lands $45M Loan for New Surfside Condo

Summary by Commercial Observer
Fort Partners has nabbed a $45 million inventory loan for a new oceanfront condominium development in Surfside, Fla., as 11 units remain unsold, property records show. The debt from Bether Capital is collateralized against three units at the luxury Seaway at the Surf Club property, according to mortgage documents. The New York-based lender provides financing through the EB-5 program, which grants residency to foreigners if they invest over $1 mi…
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Commercial Observer broke the news in on Friday, March 21, 2025.
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