The Embassy Group Expands Fort Myers Portfolio With $67 Million Spectra Acquisition

By Simona Tudose · Multi-Housing News · 2026-07-15

The Embassy Group recently finalized the purchase of the Spectra multifamily complex in Fort Myers for $67 million, as reported by Multi-Housing News. This 324-unit deal involved the assumption of a $52.5 million CMBS loan balance and marks the buyer's fifth investment in the Sou