Fifty Stones Capital Group Navigates Complexities to Close $14 Million Construction Loan in Fort Myers, Florida.
- Richard Simis

- Nov 22, 2023
- 2 min read
November 22, 2023 – Fifty Stones Capital Group announced today the successful closing of an $14 million construction loan on November 22, 2023, for a transformative mixed‑use development in Fort Myers, Florida. This landmark transaction demonstrates the firm’s creativity, persistence, and deep expertise in structuring complex financing solutions in today’s challenging capital markets.
The loan will support a large-scale development designed to revitalize a key corridor of Fort Myers. Featuring residential units, retail spaces, and hospitality components, the project has already lined up five builders prepared to go vertical on 91% of the shovel‑ready lots.
Facing rising interest rates and tightened lending requirements, Fifty Stones Capital Group devised a tailored loan structure that provides both immediate construction capital and flexibility for phased sales. The financing was carefully designed with partial lien releases, allowing builders and the development team to sell lots in strategic tranches while continuing vertical construction on retained parcels.
“Closing this deal required more than just standard underwriting, it required vision,” said a Mark Shea, CEO of Fifty Stones Capital Group. “We analyzed every aspect of the collateral, from waterfront duplex lots to high‑value interior parcels, and crafted a capital stack that aligns with the client’s long‑term goals. Our team thrives in complexity, and this transaction is a testament to what can be achieved when you pair market knowledge with creativity.”
The borrower brings decades of experience to the table. His family originally acquired and began shaping the Community in the late 1990s, and this latest phase builds on that legacy with modern infrastructure and a well‑capitalized plan. Over $4 million has already been invested in horizontal construction, and with 114 of 128 lots shovel‑ready, the project is primed for rapid vertical growth.
Local officials and industry leaders have praised the transaction for its potential to create significant economic ripple effects. The development is expected to generate hundreds of jobs, expand housing options, and enhance community amenities—including plans for dock slips, HOA-managed waterfront access, and future retail frontage.
About Fifty Stones Capital Group Fifty Stones Capital Group is a leading private real estate investment and advisory firm specializing in complex financing structures, creative capital stacks, and mission‑driven developments across the United States. Their portfolio spans residential, mixed-use, and commercial projects, with a proven track record of unlocking value in challenging environments.




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