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

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Fort Meyers, FL

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June 2021

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Contact Information

Ryan Good

Ryan Good, Southern Florida

Jacob Wigle

Jacob Wigle, Northern & Central Florida

Jordan Siao, Eastern Region

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