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Stopped at the Finish Line: The 6-Inch CO Problem
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- 05/06/26 11:00AM - 01:00PM America/New_York
- Three Fishermen Seafood Restaurant, 13021 N Cleveland Ave North Fort Myers, Florida 33903
- $25
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The doors will open at 11:00 AM, allowing you to enjoy your meal and engage in valuable conversations. Use this opportunity to build connections, exchange ideas, and establish professional relationships. The formal meeting starts at noon.
Stopped at the Finish Line: The 6-Inch CO Problem
Speaker: Rick Shaffner, Managing Director at Saltwater Properties, LLC
Stopped at the Finish Line: The 6-Inch CO Problem
Rick Shaffner with Saltwater Properties did everything right. Permits were approved. The building was completed. The finish line was in sight. Then everything stopped—six inches short.
In this case study, a newly constructed condo building was denied a Certificate of Occupancy over a six-inch elevation discrepancy. After prior approvals and sign-offs, the project hit an unexpected wall at the worst possible moment: completion.
This is not just a story about one project. It is a real-world breakdown of how small technical details, shifting interpretations, and municipal processes can create major financial and operational risk.
This session will walk through what happened, where things broke down, and what investors, builders, and agents need to understand to protect themselves before they ever get to the finish line.
No theory. No fluff. Just a hard look at how six inches can stop an entire deal.
Location: Three Fishermen Seafood Restaurant
Address: 13021 N Cleveland Ave, North Fort Myers, FL 33903Click here for membership information
Free for SWFL REIA members
Non-Members are $25.00
This is an experience-driven mastermind that leverages the collective intelligence in the room..
Rick Shaffner Bio (Managing Member Saltwater Properties) has over 40 plus years' experience in Real Estate Financing and Development. Past experience includes being the founder and CEO of two mortgage companies and being CEO of a national top 25-mortgage company. Most recently prior to forming Saltwater Capital, LLC, Shaffner was the founder, Chairman of the Board and CEO of Main Street Bank in Michigan. For the last 17 years, Shaffner and his business partners have been in the SW Florida Real Estate Market as investors in Fix & Flips, "Buy and Hold" Rental Portfolio Managers, and New Construction developers having bought, sold and managed over 500 properties. Most recently as developers of Single-Family homes and a Condo project in Cape Coral. Shaffner has been in Southwest Florida on and off over the last 48 years and full time the last 17 years.