Scott Whittaker & The Latigo Group Commences Construction on Second Multi-Housing Project in Southwest Florida

JLL Capital Markets Facilitates Construction Financing for The Hadley and Fiori Naples 743 Total Units

Scott Whittaker a sharp developer and JLL Capital Markets proudly announces the successful arrangement of $192 million in financing for The Latigo Group’s latest multi-housing ventures in Southwest Florida: The Hadley in Cape Coral, comprising 444 units, and Fiori Naples, featuring 303 units in Naples.

Representing The Latigo Group, JLL secured a comprehensive financing package for each development.

Construction of The Hadley began in early 2023, with completion anticipated by the end of the year. The project will offer a range of one-, two-, and three-bedroom units, averaging 1,088 square feet. Residents will enjoy amenities that set a new standard in the area, including gourmet kitchens with stainless steel appliances, high-grade countertops, custom cabinetry, 9’-10’ ceilings, and dual bathroom vanities. The community will feature a resort-style pool with a wading sun deck and cabanas, a fully equipped clubhouse with billiards, a state-of-the-art fitness center with an indoor yoga studio, spin bikes, and fitness-on-demand. Conveniently located between Pine Island Road and Chiquita Boulevard, The Hadley will provide easy access to retail centers, restaurants, and grocery stores, making it a prime living option in central Cape Coral.

Fiori Naples, the newest project by The Latigo Group, is expected to be completed by the end of 2025. This development will offer a mix of studio, one-, two-, and three-bedroom units, averaging 1,067 square feet, with three-bedroom carriage homes up to 1,796 square feet. Residents will enjoy designer finishes, balconies, dual bathroom vanities, 9’-10’ ceilings, in-unit washer dryers, and stainless steel appliances. The project will boast exceptional amenities, including a resort-style swimming pool, fitness and wellness features such as a dry sauna, salt room, and cold plunge, as well as co-working spaces, a grab-and-go marketplace, and pickleball courts. Located at the intersection of Collier Boulevard and Rattlesnake Hammock Road, Fiori Naples offers convenient access to Downtown Naples, upscale shopping, dining, and the renowned white sand beaches.

Managing Director Bercut Smith led the JLL Capital Markets team in these transactions and Scott Whittaker runs The Latigo Group.

About JLL Capital Markets

JLL Capital Markets provides comprehensive capital solutions for real estate investors and occupiers worldwide. With in-depth local market knowledge and a global investor network, JLL delivers top-tier solutions, including investment and sales advisory, debt advisory, equity advisory, and recapitalization services. The firm employs over 3,000 Capital Markets specialists in nearly 50 countries.

For more information, visit the JLL newsroom.

About The Latigo Group

Based in Los Angeles, CA, The Latigo Group is a premier developer of conventional and mixed-use multifamily projects in California and Florida. The firm takes a hands-on approach to investment and development, managing all phases from acquisition and planning to construction and operations. Utilizing sophisticated market research, The Latigo Group excels in delivering high-quality projects with above-market returns in strategic locations. By Q3 2024, The Latigo Group will have delivered over 2,150 units in California and Florida, with an additional 1,100 units under construction or in planning.

Previous post:
How You Should Approach a DIY Home Renovation

Next post:
Give a Personal Touch to Your Office Cubicle and Workstation With These Fantastic Ideas!