9Jan
Fortune’s Vaster Capital partners with Related Group to expand lending firm

Fortune International Group is now partnering with the Related Group as its Vaster Capital expands into commercial lending. Fortune and Rialto partnered to launch the bridge lending firm in 2017 and Vaster has since closed more than $150 million of loans for residential properties in South Florida.

The partnership brings together two of South Florida’s largest condo developers. In addition to projects like Jade Signature and The Ritz-Carlton Residences, Sunny Isles Beach, Fortune handles sales and marketing for 16 developments totaling more than $6.1 billion.