Mast Capital has made a substantial move in the Fort Myers real estate market by obtaining a significant $65 million construction loan. This financial boost is aimed at supporting the Hancock Bridge Square project, a 320-unit multifamily community that promises modern amenities and stylish living spaces.
Location and Design
Strategically located at 13370 N. Cleveland Ave., the new development will offer a mix of three- and four-story apartment buildings. With Humphreys & Partners Architects leading the design and Kaufman Lynn Construction managing the build-out, potential residents can expect high-quality living arrangements.
Amenities and Lifestyle
The development is poised to set a high standard for living with an array of impressive amenities:
– A state-of-the-art fitness center for health enthusiasts
– An expansive lifestyle lounge, equipped with an entertainment kitchen for social gatherings
– Dedicated workspaces for professionals
– A luxurious swimming pool and inviting sun deck for outdoor relaxation
Financing and Development Team
The financing for this ambitious project was masterfully arranged by JLL’s team, which includes Chris Drew, Brian Gaswirth, Jesse Wright, and Paul Adams. The team facilitated the loan through Centerbridge Partners, acting on behalf of MassMutual Life Insurance Co. As the timeline for the project’s completion unfolds, residents of Fort Myers can eagerly anticipate the addition of Hancock Bridge Square to their community, meeting the growing need for multifamily residences in the area.
