Rialto Capital Management Provides $55 Million Bridge Loan For 251-Unit Multifamily Asset In Fort Myers

The asset involved in this transaction is a multifamily property located at 3240 Champion Ring Road in Fort Myers, featuring a total of 251 units. The transaction secured a bridge loan amounting to $55,000,000 from Rialto Capital Management.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $55,000,000
• Lender: Rialto Capital Management
• Date: 11/06/2025
• Brokers: Kenneth (Ken) Wellar, Christopher Garzone & Taylor Walsh - Global Real Estate Advisors (GREA)
• Market: Fort Myers
• Units: 251

The deal was facilitated by brokers Kenneth (Ken) Wellar, Christopher Garzone, and Taylor Walsh, representing Global Real Estate Advisors (GREA), showcasing the collaborative efforts of experienced professionals in the real estate industry.