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| The Ritz-Carlton Residences, Estero Bay South Tower, the first of a multi-phase condominium development located in Bonita Springs, FL. |
MIAMI, FL – JLL Capital Markets has arranged $215 million in construction financing for The Ritz-Carlton Residences, Estero Bay South Tower, which is the first of a multi-phase condominium development located in Bonita Springs, Florida.
The property will be the first
Ritz-Carlton Residences in Southwest Florida, where there is currently
significant brand recognition from two Ritz-Carlton Resorts.
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| Brian Gaswirth |
The JLL Capital Markets Debt Advisory team was led by Managing Director Brian Gaswirth and Associates Jimmy Calvo and Paul Adams.
Designed by Arquitectonica with interiors by Meyer Davis, the South Tower will rise 22 stories and feature luxurious unit finishes, first class amenities and unmatched resident services consistent with The Ritz-Carlton brand.
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| Jimmy Calvo |
The property offers approximately 36,000-square-feet of indoor amenities, including a Wellness Center with fitness, a yoga and Pilates studio, private training rooms and locker rooms with steam and sauna.
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| Paul Adams |
Adding to the experience, a centrally located, 8,000-square-foot space will present a Sunset Lounge, private dining room, Sports & News Café, Wine & Whiskey Room, card room and demonstration and catering kitchen.
Outdoor amenities span five
acres of outdoor gardens and amenities, including three pools and a separate
lagoon with over-water pavilions.
The
Ritz Carlton Residences, Estero Bay is the first residential component to be
developed within London Bay’s Saltleaf on Estero Bay (“Saltleaf”), a
re-imagined, master-planned residential and golf community connecting over 500
acres in Southwest Florida.
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| Stephen Wilson |
In addition to the South Tower’s amenities, residents will benefit from a short walk leading to the 72-slip Saltleaf Marina, which broke ground last spring, and Saltleaf Golf Preserve, a re-imagined 18-hole championship course with a brand new nine-hole short course that opened for play in November 2023.
“As
we commence construction of our coastal village of Saltleaf, we thank JLL for
their expertise and professionalism and for their role in securing the
financing for the first tower, the Ritz-Carlton Residences, Estero Bay” said Stephen
Wilson, Executive Vice President and CFO of London Bay.
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CONTACT:
Jenna Sharp
JLL, Public Relations
Dallas, Texas
M +1 214 394 3356
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