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The 19401 Skidmore Way property is a 800-bed student housing community in Fort Myers, FL. The 19401 Skidmore Way property is a 800-bed student housing community in Fort Myers, FL.

FORT MYERS, FL—Coastal Ridge Real Estate continues its expansion of its Florida student housing/multifamily portfolio with the purchase of the Coastal Village Apartments complex here. The deal puts the Columbus, OH-based firm over the $500-million threshold in deals over the past 12 months.

The company’s latest purchase was conducted with joint venture partner H. Katz Capital of Southampton, PA. The partners acquired the 200-unit, 800-bed student housing community at 19401 Skidmore Way in Fort Myers for $44 million. The 21-acre property was sold to the Coastal Ridge/H. Katz venture by an undisclosed seller, which was represented by Kevin Larimer, Greg Gonzales, Jason Stanton and Cole Whitaker of Berkadia.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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