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Prima Luce condo tower faces $36.9M foreclosure - Gulfshore Business

Summary by Gulfshore Business
The Prima Luce twin condo towers and Towles Garden workforce housing development face foreclosure in Fort Myers. Developer Bob MacFarlane, who had been spearheading both projects and had used the land at Towles Garden as collateral for Prima Luce, entered March 11 with less than 48 hours to secure $36.9 million in funding to avoid foreclosure. The properties are scheduled to go up for auction March 13. “I’m disappointed and really frustrated wit…
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Prima Luce condo tower faces $36.9M foreclosure - Gulfshore Business

The Prima Luce twin condo towers and Towles Garden workforce housing development face foreclosure in Fort Myers. Developer Bob MacFarlane, who had been spearheading both projects and had used the land at Towles Garden as collateral for Prima Luce, entered March 11 with less than 48 hours to secure $36.9 million in funding to avoid foreclosure. The properties are scheduled to go up for auction March 13. “I’m disappointed and really frustrated wit…

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Gulfshore Business broke the news in on Tuesday, March 11, 2025.
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