Roers Cos. secures $65m Southwest Florida multi-housing project
Roers Cos. announced that it secured $65 million in construction financing and preferred equity for Marisol, a 292-unit, garden-style multi-housing development in Port Charlotte, Fla.
JLL represented the borrower to secure the non-recourse construction loan through Knighthead Funding and the preferred equity through Amzak Capital Management.
Situated at 1200 Loveland Blvd., the property is positioned between two of the fastest-growing cities in the United States, North Port and Fort Myers, and is located three minutes from Interstate 75, providing future residents accessibility to Fort Myers, North Port and Sarasota. Residents will be a two-minute drive from the Publix-anchored Peachland Promenade, and within 15 minutes of popular local attractions like Fisherman’s Village and the Port Charlotte Town Center. The property is within a short walk to Harold Avenue Regional Park and nearby local demand drivers like Neil Armstrong Elementary School and Maple Leaf Golf and