Trez Forman Capital Group has issued a $17 million loan for the construction of a luxury condominium rising steps from the beach in Fort Lauderdale.

30 Thirty North Ocean Blvd LLC, an affiliate of developer Cavache Properties, borrowed the money for its two-building, five-story condominium aptly named 30 Thirty North Ocean and being built at 3030 N. Ocean Blvd. The deal closed April 20.