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FORT MYERS. FL-Riva Del Lago Development Inc. is developing two 21-story towers here, as well as a 13,000-sf amenity complex and a 340-space parking garage. The loan is Corus Bank's first closing for a project in the metro area, although the lender is not new to the state. The project has a September 2005 completion planned.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 10, 2025
Southern states are driving the boom with the most units completed in 2024.
July 10, 2025
Also, three of the top five markets are in Arizona.
July 10, 2025
Meanwhile, national occupancy is up year-over-year.
