Hall Structured Finance Provides $52M Construction Loan For Perry Hotel Naples In Florida

Hall Structured Finance has provided a $52 million construction loan for the development of the Perry Hotel Naples in Florida. The hotel, owned by FOD Capital, will consist of 160 rooms and will be located at 12155 Tamiami Trail North. Situated in Naples, the hotel will offer guests amenities such as rooftop pools, a restaurant, and easy access to the Cocohatchee River and Wiggins State Park.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $52,000,000
• Lender: Hall Structured Finance
• Landlord: FOD Capital
• Broker: District Capital

Hall Structured Finance, represented by Bryce Yamauci, provided the financing for the development of the Perry Hotel Naples. FOD Capital, led by Michael Raymond, will add this hotel to its expanding portfolio. With its prime location in Naples and its array of amenities, the Perry Hotel Naples is set to be a desirable destination for visitors.