Gulfstream Isles apartments sell for $109 million

Fort Myers complex trades for the second time in the past three years

  • By Kevin McQuaid
  • | 6:00 a.m. September 13, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Northland Investment Corp.'s Matthew Gottesdiener says the company is buying and selling assets to further its stake in Southwest Florida
COURTESY PHOTO — Northland Investment Corp.'s Matthew Gottesdiener says the company is buying and selling assets to further its stake in Southwest Florida
  • Commercial Real Estate
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A Dallas-based investment firm with ambitious growth goals has acquired one of Fort Myers largest multifamily rental complexes for $109 million, property records show.

Lurin Capital’s purchase of the 936-unit Gulfstream Isles complex illustrates just how robust apartment deals in the Southwest Florida submarket have become in the past year.

 

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