Special offer

Encore Vive Apartments @ the Forum sold for 91M

By
Services for Real Estate Pros

EMF FM FORUM LLC & FM FORUM LLC sold the 2021 "vintage" 266 unit apartment community located in the Forum, Fort Myers to AWPRE ENCORE VIVE 2021 LLC, a Delaware LLC whose address is 795 Parkway Street Suite 201 Jupiter FL 33477 for $91 million on December 23, 2021, according to the Official Records of Lee County, FL. 

AWPRE ENCORE VIVE 2021 LLC & ENCORE VIVE 2021 INVESTOR LLC was provided a $74,300,000 mortgage by LOANCORE CAPTIAL CREDIT REIT LLC, a Delaware LLC, having an address c/o LoanCore Capital, 55 Railroad Avenue, Suite 100, Greenwich, CT. 

The vacant land was purchased in October 2019 from Champion Development by EFM FM FORUM LLC for $4,896,000.00, according to the Lee Count Property Appraiser.

Link to Google Map:

3200-3234 CHAMPION RING RD
FORT MYERS FL 33905

Link to Encore Vie community website

Comments(1)

Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Congratulations on such a huge sale! I remember when we bought complexes like that for less than 12 million. Those were the days.

Dec 29, 2021 02:16 PM