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NXT Capital Closes $36M Acquisition Loan for Apartment Complex in Southwest Florida

Coral Pointe offers a heated pool, outdoor grills, gazebos, outdoor bar, fitness center and two dog parks.

FORT MYERS, FLA. — NXT Capital has provided a $36 million acquisition loan for Coral Pointe, a 252-unit apartment community in Fort Myers. Coral Pointe is situated about six miles from downtown Fort Myers and offers a heated pool, outdoor grills, gazebos, outdoor bar, fitness center and two dog parks. Allison Williams and Matt Baldwin of Walker & Dunlop placed the loan with NXT Capital on behalf of the undisclosed borrower.

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