News December 09, 2019
Four Seasons in Fort Lauderdale scores $210M loan
Madison Realty Capital has extended a $210 million construction loan to Fort Partners to complete the forthcoming Four Seasons Hotel and Private Residences in Fort Lauderdale. This marks another step in the New York-based debt investment firm’s transformation into a national player, in this case, aligning with the most revered brand in the hospitality industry. When complete, the Four Seasons location will feature a suite of luxury amenities including yachting services, as well as a collection of spacious private homes. Josh Zegen, Managing Principal and Co-Founder of MRC, said that his firm’s capacity to extend the entire $210 million to Fort Partners secured the deal, adding the loan to MRC’s growing portfolio of transactions in South Florida.