In March of 2025, Emerald Creek Capital provided a $16,075,000 acquisition loan in Naples, FL. The loan is secured by a 104-unit multifamily building with 49,240 square feet of net rentable area, which is 98% occupied. The unit mix consists of 1- and 2-bedroom apartments with stainless steel appliances and in-unit laundry. Naples is a highly desirable city on Florida’s Gulf Coast known for its luxury real estate and upscale amenities. The area attracts residents and visitors alike with its pristine beaches, top-rated golf courses, and vibrant shopping and dining scenes. The subject property is in close proximity to Tamiami Trail (Route 41) and walking distance to the Old Naples downtown area.
For more information, please contact:
Mike Cleaver, Managing Director
(212) 239-6845
mcleaver@emeraldcreekcapital.com
Check out our interactive map for a comprehensive look at our nationwide lending activity.