Shoreham Capital, in partnership with Bridge Investment Group and Wynkoop Financial, has begun leasing at Siesta Lakes, a 412-unit Class-A rental community in Cape Coral, Florida. The leasing launch follows the completion of the clubhouse, which includes the leasing office, and the first of nine buildings that comprise the $120 million project.
Siesta Lakes located at 186 Tierra De Paz loop, outside of Fort Myers and off Pine Island Road. Ideally, this location is situated on a major lane, providing access to national and regional retailers and restaurants. Furthermore, the property is also a short distance away from popular beaches, such as Sanibel Island, Captiva, and Barefoot Beach.
The CEO of Bridge Investment Group’s Opportunity Zone Program, David Coelho, described Siesta Lakes as an exciting multifamily development. Coelho commended the
developers for bringing this housing development to Cape Coral. Furthermore, he spoke of Shoreham’s dedication to using meticulous, high-quality design approaches for the new community project. Coelho said he was excited about their partnership with Shoreham and the city of Cape Coral.
The partnership acquired the 26-acre development site, which is within a qualified Opportunity Zone, in July 2022. Located at 186-264 Tierra De Paz Loop, Siesta Lakes offers premier finishes and amenity packages, which includes a clubhouse, resident lounge, fitness center and flex fitness room, pool, co-working lounge, EV charges, mini-mart and pickleball court.
Nestled amidst the beauty of pristine beaches and tranquil canals, Siesta Lakes is the perfect blend of comfort and style. Each One- Two- and Three-bedroom residence comes with a water view and is thoughtfully designed with modern finishes and spacious layouts to cater to your lifestyle needs. Siesta lakes is ideally located with near spots that offer a range of activities from outdoor adventures to cultural experiences, all within minutes.