Atlanta-based real estate investment and development firms Brook Farm Group and Rail Gauge Partners LLC closed on a construction loan and the acquisition of an 8.5-acre site adjacent to Palm Pointe retail center at U.S. 41 and Trailwinds Drive in Fort Myers. The companies plan to develop a 265-unit multifamily community and break ground this month, company officials said. Terms of the acquisition from a partnership that previously entitled the land were not disclosed. The first units of The Sinclair at Palm Pointe are expected to be delivered in early 2026. The community will be developed as two four-story buildings with elevator service, a 3,800-square-foot clubhouse, a two-level fitness center, up to 2,200 square feet of coworking space, a resort-style pool, a dog park and outdoor fireplaces. One-, two- and three-bedroom units, ranging from 650 to 1,369 square feet, will be offered for rent.