Anthony Solomon Of Ronto Group Secures $234 Million Construction Loan For Rosewood Residences Naples

The property involved in this transaction is a condo located at Rosewood Residences Naples, situated at 1601 Gulf Shore Boulevard North in the Naples market. The asset comprises 42 units and is involved in a construction loan totaling $234,000,000.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $234,000,000
• Address: 1601 Gulf Shore Boulevard North
• Market: Naples
• Asset Type: Condo
• Units: 42
• Lender: Apollo Global Management
• Landlord: Anthony Solomon - Ronto Group
• Landlord: Merrick “Rick” Kleeman, Jonathan Paul, Jeffrey Laliberte & Hunter Jones - Wheelock Street Capital
• Brokers: Steven Klein, Brian Gaswirth, Shane Ciacci & Paul Adams - JLL

Key individuals involved in this transaction include Anthony Solomon, who represents the Ronto Group, and Merrick “Rick” Kleeman, Jonathan Paul, Jeffrey Laliberte, and Hunter Jones, who represent Wheelock Street Capital. The brokerage team comprises Steven Klein, Brian Gaswirth, Shane Ciacci, and Paul Adams from JLL, playing a crucial role in facilitating this significant loan arrangement.