Moorings buys Grand Lake's first phase

Purchases came as residents began moving into new luxury community

  • By Kevin McQuaid
  • | 6:00 a.m. May 22, 2020
COURTESY RENDERING -- Moorings Park acquired the first phase of its Grande Lake community in Naples from joint venture partner London Bay Development for $80.3 million.
COURTESY RENDERING -- Moorings Park acquired the first phase of its Grande Lake community in Naples from joint venture partner London Bay Development for $80.3 million.
  • Commercial Real Estate
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In one of the largest multifamily transactions in Southwest Florida over the past year, Moorings Inc. has acquired the first phase of its newly opened luxury senior housing community, in Naples, for $80.38 million.

 

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