Roers scores $91M in financing for two Naples multifamily projects

Roers Companies landed $91.4 million in construction financing to build a pair of Naples multifamily projects. Los Angeles-based Kayne Anderson provided a senior mortgage of $78.5 million, and Greenwich, Connecticut-based SteepRock Capital provided a $12.5 million mezzanine loan for Roers’ two planned developments, a press release states. Gary Sefcik with Marcus & Millichap secured the financing.  Roers is led by co-founders Brian and Kent Roers.  One of the projects is Vintana at Vanderbilt, a planned 150-unit apartment community with a mix of workforce housing and market-rate units at 3375 Vanderbilt Beach Road that will be adjacent to the Ritz-Carlton golf […]This article originally appeared on The Real Deal. Click here to read the full story.