Pair of Fort Myers, Estero apartments fetch $100 million in sales

Fountains at Forestwood, Coastal Village trade hands in recent deals

  • By Kevin McQuaid
  • | 6:00 a.m. August 24, 2018
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Lloyd Jones Capital, of Miami, recently acquired the Fountains of Forestwood in Fort Myers for $55 million.
COURTESY PHOTO — Lloyd Jones Capital, of Miami, recently acquired the Fountains of Forestwood in Fort Myers for $55 million.
  • Commercial Real Estate
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A pair of recent apartment sales in Estero and Fort Myers have generated nearly $100 million in proceeds, according to Lee County property records.

Miami-based Lloyd Jones Capital acquired the Fountains at Forestwood community in Fort Myers for $55 million, adding to its portfolio of 18 multifamily rental complexes in Florida containing 3,600 units.

 

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