Equus Capital buys Inspira apartments

304-unit luxury complex was completed three years ago in Naples by upscale residential builder Stock Development.

  • By Kevin McQuaid
  • | 6:00 a.m. January 15, 2021
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Equus Capital of Philadelphia bought the Inspira apartments in Naples from Stock Development.
COURTESY PHOTO — Equus Capital of Philadelphia bought the Inspira apartments in Naples from Stock Development.
  • Commercial Real Estate
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          A fund affiliate of Philadelphia-based Equus Capital Partners Ltd. has acquired the 304-unit Inspira luxury apartments, in Naples, for $82.25 million.

         Equus Investment Partnership XI L.P. bought the three-year-old property from Naples-based Stock Development in one of the largest multifamily rental deals in Southwest Florida in the past year.

 

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