Loan portfolio exposure: Southeast and Texas · 36 listings

Colonial Gardens Apartments

2200 Colonial Blvd, Fort Myers, FL 33907, USA

180-unit garden community, 87% occupied since storm repairs closed 22 units. Flood zone AE, and insurance proceeds still cover only part of the rebuild.

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Loan balance
$14,500,000
Risk rating
Watch
Maturity
Sep 1, 2028
LTV %
73
DSCR
1.11