Fairway Preserve
- Date Acquired: 2009-2012
- Investor: Larkspur
- Deal Type: Foreclosure Sale
- Location: Naples, FL
About this Property
Fairway Preserve Condominiums was acquired as individual foreclosure sales throughout 2009-2012. Located in Naples, FL, Fairway is a Class “A” former apartment community converted to condominiums in 2005.
Larkspur operates the units as rentals and continues to work to arrange retail, consumer financing for end market sales in order to maximize value. The Naples condominiums have experienced significant price appreciation as South Florida residential markets have recovered.
