Single-family rental project obtains financing

Soltura at the Forum, planned for Fort Myers, lands a $26 million construction loan.


  • By
  • | 11:50 a.m. August 5, 2021
  • | 0 Free Articles Remaining!
COURTESY RENDERING — George Smith Partners Inc. has arranged $26 million in construction financing for Soltura at the Forum, a single-family rental project in Fort Myers.
COURTESY RENDERING — George Smith Partners Inc. has arranged $26 million in construction financing for Soltura at the Forum, a single-family rental project in Fort Myers.
  • Commercial Real Estate
  • Share

A planned 129-unit single-family rental project in Fort Myers — one of the first of its kind in Florida — has received construction financing from a Los Angeles-based mortgage broker.

George Smith Partners Inc. provided $26 million in debt for Soltura at the Forum, which will be part of a 706-acre master-planned community that features amenities such as restaurants and retail space along with offices, medical facilities and various types of housing.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content