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Florida & Gulf Coast  + Central Florida  + Senior Housing  | 
Castle Lanterra Properties has acquired the active adult living community Diamond Oaks Village in Bonita Springs, FL.

Castle Lanterra Dips a Toe into Active Adult Living Sector with Bonita Springs Buy

Castle Lanterra Properties has made its first acquisition in the active adult living (55+) asset class with the purchase of Diamond Oaks Village in Bonita Springs, FL.

The recently constructed, Class A, Diamond Oaks Village is a luxury, 160-unit 55+ gated apartment community located between Naples and Fort Myers, in one of the most seniors-rich submarkets in the country. The residential community is close to Interstate 75 and access to a wide variety of medical care facilities.

Diamond Oaks Village is also to multiple shopping and dining destinations, local retailers, grocery stores, and golf courses.

“The acquisition of Diamond Oaks Village speaks to our focus on strategically expanding and enhancing our platform by tapping into distinct asset classes benefiting from demographic trends with lower correlations to the overall economy, including active adult living communities in targeted markets across the country,” said CLP founder and CEO Elie Rieder.

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Castle Lanterra Properties' Rieder

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition