Two Fort Myers apartment communities break $100 million mark

Two Fort Myers apartment communities shatter pricing ceiling, setting the tone for the coming year and, potentially, for the entire region.

Las Palmas, on Marquina Boulevard, sold to a Charleston, South Carolina-based PassiveInvesting.com for $109 million. (Photo by Stefania Pifferi)
Las Palmas, on Marquina Boulevard, sold to a Charleston, South Carolina-based PassiveInvesting.com for $109 million. (Photo by Stefania Pifferi)
  • Commercial Real Estate
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Over a two-day period in early February, two out-of-state investment firms spent nearly $250 million on a couple of apartment complexes in Fort Myers.

 

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