Boston area investors buy Naples apartment community for $21.5M

  • By Louis Llovio
  • | 8:50 a.m. June 11, 2025
  • | 0 Free Articles Remaining!
About half the 104 units at Jade at Olde Naples will be converted into condominiums.
About half the 104 units at Jade at Olde Naples will be converted into condominiums.
Image via TidegateCapital.com
  • Charlotte–Lee–Collier
  • Share

A Massachusetts investor has bought a Naples apartment community and plans to turn about half the units into condominiums.

Jade at Olde Naples at 1015 Second Ave. N. was sold to Tidegate Capital, which is based on Cape Cod in Duxbury, south of Boston. Collier County property records show it paid $21.25 million for the 104-unit community.

The seller was a Connecticut investor that paid $12.3 million in 2016.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 13, 2025
Report: Small business optimism up, but worries percolate
  • December 12, 2025
CEO of Bradenton EDC announces retirement
  • December 12, 2025
Manatee County to break ground on $40M veterans complex
  • December 12, 2025
Moez Limayem confirmed as USF’s new president

Sponsored Content