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Florida & Gulf Coast  + South Florida  + Apartments  | 
Forman Capital is providing a $9.3 million first mortgage to Forté Properties, LLC and Forté 5, LLC to develop Forté Luxe in Jupiter, FL

Forman Capital Funds Loan for Townhome Development on Intracoastal Waterway

Forman Capital is providing a $9.3 million first mortgage to Forté Properties, LLC and Forté 5, LLC to develop Forté Luxe in Jupiter, FL. The boutique residential project is on a peninsula on the Intracoastal Waterway.

Most of the 17 residences will be 3,500- to 5,000-square-foot luxury townhomes. Planned amenities include a resort-style pool and boat slips for up to 60-foot vessels.

“The property is one of the more unique assets in the state, being a peninsula in the Intracoastal and just north of the highly desirable Jupiter Inlet,” said Scott Mehlman, Forman Capital’s chief investment officer. “There is a demonstrable shortage of both boat slips and ultra-luxury waterfront residences in the area.  Forté Luxe will offer, privacy and the pinnacle of waterfront living that checks all the boxes.”

Led by principals Brett Forman and Ben Jacobson, Forman Capital currently has over $650 million in its pipeline.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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