Construction Financing

Low-Rise Multifamily Housing in Fort Meyers, FL

A rendering of a low-rise multifamily housing project that will be built with a construction loan from Broadmark

Project Description

Broadmark Realty Capital closed construction funding for a new, low-rise multifamily building in Fort Myers, Florida, for a total loan amount of approximately $3.1 million. The property’s 33 one-bed/one-bath units will provide an attractive housing option at an affordable price. Broadmark Realty Capital’s loan will fund 100% of vertical construction. The sponsor, a Tampa Bay-based developer with over four decades of industry experience,  chose to partner with Broadmark given our vast underwriting experience with infill new construction apartment complexes.

Loan Details

Broadmark logo

Fort Meyers, FL

Broadmark logo

June 2021

Broadmark logo

$3,110,000

Contact Information

Jacob Wigle

Jacob Wigle, Northern & Central Florida

Ryan Good

Ryan Good, Southern Florida

Jordan Siao, Eastern Region

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