The developers of Rosewood Residences Naples, The Ronto Group and Wheelock Street Capital, have successfully secured a $234 million construction loan for their 42-unit luxury waterfront condominium project. JLL acted as the representative for the borrowers in obtaining the loan from affiliates managed by Apollo.
Expected to be completed in Q3 of 2026, Rosewood Residences Naples will consist of two buildings featuring a variety of three- and four-bedroom residences averaging 5,175 square feet. The development will also include penthouses ranging from 5,170 to 9,601 square feet. Residents can enjoy amenities such as a sun deck with pool and lap pools with zero-edge design, multiple spas, game rooms and lounges. Additionally,the property offers gated beach access.
Situated at1601 Gulf Shore Boulevard,the project boasts stunning views of both the beachfront spanning over482 linear feetandthe Gulf of Mexico.Its prime location near Old Naples provides easy access to all that this desirable area has to offer.
JLL’s Capital Market’s Debt Advisory team led by Steven Klein,Brian Gaswirth,Paul Adams,and Shane Ciacci representedthe borrowerin securing this significant construction loanforRosewood ResidencesNaples.The completionofthis high-endcondominiumproject is highly anticipatedby investorsand potential buyers alike.
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