Sierra Grande Naples, FL

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DEAL TYPE
:REO Acquisition
PROPERTY TYPE
:Multi Family
MARKET STATUS
:exited

Property Description:

In June 2011, 13th Floor purchased a broken condominium development with development approvals and finished infrastructure in Naples,
FL. 13th Floor identified the opportunity to create new value within an in demand segment of the Naples market, repositioned and completed the 273 unit luxury apartment complex, leased-up the community to 98%, and put the community in position for its 2014 sale.

Map

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