Forté Development Secures $60 Million Construction Loan for Forté Luxe, a Luxury Waterfront Community in Jupiter, Florida
- laurie2769
- Aug 1, 2025
- 2 min read
Forté Development has secured a $60 million construction loan for Forté Luxe, its luxury boutique waterfront community located at 12450 Crystal Cove Place in Jupiter, Florida. The financing, which closed July 29, will support continued vertical construction on the project, with completion anticipated in summer 2026.
The $60 million construction loan was provided by Kriss Capital and arranged by Michael Horowitz, Jordan Horowitz and David Horowitz of Cooper Horowitz on behalf of Forté Development.
“This financing marks an important milestone as Forté Luxe advances into the next phase of construction,” said Marius Fortelni, founder and CEO of Forté Development. “We are building something truly unique on the Intracoastal Waterway, and we are grateful to have the support of our financial partners who understand and believe in the vision.”
"We are pleased to provide $60 million in construction financing for Forté Luxe," said Jody Kriss, founder of Kriss Capital. "The project's exceptional waterfront location, strong pre-sales and experienced development team instill full confidence in its success and its positive contribution to the Jupiter, Florida, community. Kriss Capital is committed to supporting Forté Luxe until its completion."
“Forté Luxe is a great example of what can be achieved through collaboration, vision and seamless execution,” said Michael Horowitz, commercial mortgage broker at Cooper Horowitz. “Set on one of the most extraordinary waterfront sites in the Southeast, this development redefines luxury living in South Florida. It’s been a true pleasure to be part of this transformative project over the past 18 months and to witness its remarkable evolution from concept to reality. Tremendous progress continues on-site today, and we’re incredibly excited to see the final product come to life. Cooper Horowitz is proud to have played a role in financing such a landmark community.”
Forté Luxe features 17 multi-level residences on a private peninsula surrounded on three sides by the Intracoastal Waterway, offering unobstructed panoramic views of cobalt blue water. The residences range from 3,550 to more than 5,074 square feet of living area and are priced from $3.975 million to $8 million.
Each home is designed with floor-to-ceiling windows, expansive private terraces, rooftop decks, private garages and direct elevator access. Residences include refined finishes such as European-style cabinetry, Quartz countertops with waterfall islands, engineered hardwood or large-format porcelain flooring, spa-like bathrooms and walk-in closets. Every unit is oriented to capture natural light and water views, blending contemporary architecture with the area’s natural beauty.
Forté Luxe will include 13 private boat slips available for vessels up to 60 feet, which residents may purchase for dockage. Community amenities include a resort-style swimming pool, sun deck and outdoor entertainment areas. The pet-friendly development offers direct water access and no fixed bridges to the Jupiter Inlet.
Architecture is led by Alfonso Jurado. Interiors are by Interiors by Steven G., with KAST Construction serving as general contractor. Douglas Elliman Development Marketing is the exclusive sales and marketing team.
Forté Luxe is located at 12450 Crystal Cove Place, Jupiter, FL 33469. The Forté Luxe Sales Center is open by appointment only at 11911 N US 1 #102, North Palm Beach, FL 33408. For more information, call 561-800-4622.