$60 Million Construction Loan Secured for Forté Luxe, 17-Unit Waterfront Community Rising in Jupiter, Florida

As featured in Florida YIMBY

Forté Development has secured a $60 million construction loan for Forté Luxe, a luxury waterfront residential community currently under construction at 12450 Crystal Cove Place in Jupiter, Florida. Designed by Alfonso Jurado, with interiors by Interiors by Steven G., the boutique development is moving steadily through vertical construction with completion expected by summer 2026. The financing, provided by Kriss Capital and arranged by Michael Horowitz, Jordan Horowitz, and David Horowitz of Cooper Horowitz, closed on July 29.

Forté Luxe under construction as of July 2025. Credit: 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 under construction as of July 2025. Credit: Forté Development.

“Forté Luxe is a great example of what can be achieved through collaboration, vision and seamless execution,” added Michael Horowitz of 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 is rising on a private peninsula surrounded on three sides by the Intracoastal Waterway. The enclave features 17 multi-level residences ranging from 3,550 to over 5,074 square feet, priced between $3.975 million and $8 million. Designed to maximize views and natural light, the homes offer floor-to-ceiling windows, expansive private terraces, rooftop decks, direct elevator access, and private garages. Interiors include European-style cabinetry, Quartz countertops with waterfall islands, engineered hardwood or large-format porcelain flooring, spa-inspired bathrooms and walk-in closets.

Forté Luxe under construction as of July 2025. Credit: Forté Development.

Thirteen private boat slips are also available for vessels up to 60 feet in length. Amenities include a resort-style swimming pool, sun deck and outdoor entertainment spaces. With no fixed bridges to the Jupiter Inlet, the property offers direct boating access to the Atlantic.

KAST Construction serves as the general contractor, and Douglas Elliman Development Marketing is the exclusive sales and marketing representative. Visit Forte-Luxe.com or call 561-257-3490 for more information.