Construction Commences On 412-Unit Rental Community ‘Siesta Lakes’ In Cape Coral, Florida
West Palm Beach-based real estate firm Shoreham Capital has broken ground on Siesta Lakes, a 412-unit Class-A rental community in Cape Coral, Florida, in partnership with Bridge Investment Group and Wynkoop Financial. The team secured a $66 million construction loan, and Curran Young Construction (CYC) has been selected as the general contractor. The project is expected to be completed by Q2 2025.