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Kolter Urban and BH Group Secure $197 Million for Olana Naples Residences

Luxury beachfront condominium tower glows at dusk with illuminated pool terrace, palm trees, and direct oceanfront access on a pristine sandy shore.

09.10.2026 2 MIN READ

Construction financing showcases Kolter Urban’s commitment and continued demand for ultra-luxury waterfront residences in Naples

NAPLES, FLA. – September 10, 2026 – Kolter Urban and BH Group are pleased to announce they have secured $197M in construction loan financing for the development of Olana Naples Residences from affiliates of Apollo Global Management, Inc. (NYSE: APO) and affiliates of BDT & MSD Partners.

The construction financing is a significant milestone for Olana, reflecting the continued strength of the residential market in Naples and the start of the project’s construction. Olana represents a rare opportunity to deliver a new standard of living, combining estate-scale residences, exceptional design and an unmatched level of privacy in one of Florida’s most desirable coastal communities.

Located directly on the prestigious shores of the Gulf on Florida’s West Coast, Olana Naples Residences is an ultra-luxury beachfront condominium offering just 12 estate-style residences, with groundbreaking slated for this fall. Designed by Randall Stofft Architects and SB Architects, with interiors by the renowned, New York City-based Champalimaud, each residence spans approximately 10,000 square feet with 80 feet of uninterrupted beachfront views, expansive outdoor living spaces and an unmatched collection of in-home wellness amenities.

With residences starting at $32 million, interiors offer elegant in-unit entertaining spaces including a climate-controlled wine room, soundproofed theater, wet bar, a club room and game lounge. The development also features direct beachfront access, dedicated concierge services and resort-inspired amenities designed to deliver the privacy, space and personalized lifestyle of a single-family estate with the convenience of luxury condominium living.

For more information, please visit https://olananaples.com.

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