NAPLES, FL—Naples' Miracle Mile has gotten developers' attention. With boundless growth potential, the city's beachfront is emerging as a prime destination for residential and commercial ventures, and South Florida's prominent BH Group and Kolter Group are joining the fun. Orchestrated by Jay Brito, Centennial Bank's SVP, senior commercial loan officer, the Bank has recently provided a $56.4 million loan for the BH Group and the Kolter Group for the acquisition of a prime beachfront parcel in Naples, FL.
Situated at 1121 Gulf Shore Blvd. North, the location sets the stage for the development of an ultra-luxury condominium tower boasting unparalleled amenities.
Naples' beachfront bore the brunt of Hurrican Ian, leaving behind extensive damage, Brito tells GlobeSt.com. "However, amidst the wreckage lies an opportunity for developers to transform the area into a haven of unique and luxurious waterfront properties."
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
