Related Group Provides $93M Construction Loan For Naples Multifamily Property

The multifamily property located at 8552 Collier Boulevard in Naples spans 442,403 square feet and comprises 303 units. The property was involved in a recent transaction that included a construction loan amounting to $93,000,000. The lender for this transaction was Related Group, and the landlord of the property is Scott Whittaker from The Latigo Group. The broker handling the deal was Bercut Smith from JLL.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $93,000,000
• Units: 303
• Square Footage: 442,403
• Address: 8552 Collier Boulevard
• Market: Naples

Scott Whittaker is the landlord of the multifamily property, representing The Latigo Group in this transaction. Bercut Smith of JLL served as the broker facilitating the deal. A note from Scott Whittaker encourages those interested in other development deals to visit www.Latigo-Group.com for more information.