Madison Capital provided a $107.6 million loan to Fort Partners for the completion of Seaway North at The Surf Club, a residential condominium project located adjacent to the Four Seasons Hotel and Residences at The Surf Club in the Surfside neighborhood of Miami. Construction of the property is currently underway and is expected to be completed in early 2026. To date, seven of the nine units are currently under contract.
Upon completion, the 11-story, nine-unit property will comprise seven full-floor units, a beach villa on the first two floors, and a 10th-floor penthouse designed by Joseph Dirand. Each will feature ocean-view terraces. Residents will have access to a range of amenities, including four swimming pools, a private club, parking, storage lockers, and a restaurant by chef Thomas Keller.
This is the fourth transaction between Madison Capital and Fort Partners in Miami and South Florida.
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