Whats the Deal?

Investment Highlights

EMPLOYMENT OUTLOOK: Future job growth over the next ten years is predicted to be 42.0%, significantly higher than the US average of 33.5%. 

PATH OF PROGRESS: St Pete is in the middle of a multi-decade downtown re-development push that has accelerated in the past 5 years with new Class A product pushing outside the immediate downtown core and creating an amazing walkable community.

BUILT-IN EQUITY: We purchased the land off-market and have a basis that now gives us $5-7MM of built in equity that can be leveraged with the construction loan but also lower our overall risk.            

RENT RATES: St Pete has seen some softening of rental growth rates but no material declines. We feel timing is perfect as we'll be coming to market in 1-2 years when the economy is back on strong ground and rental rates are significantly higher than our underwriting.

Sponsorship Team

Over $500MM in Multifamily Transactions: Demonstrating extensive experience and success in the real estate market.

100+ Years of Combined Experience: A deep well of knowledge and expertise in multifamily investments, construction, and finance.

Rigorous Market Research: Utilizing comprehensive market analysis to identify high-growth opportunities and ensure sustainable growth.

Commitment to Transparency: Ensuring full visibility into the investment process, fostering trust and strong partnerships.

Strategic Acquisitions: Focusing on high-value deals with attractive valuations and strong fundamentals.

Successful Track Record: Consistently delivering superior returns and transforming challenges into opportunities.

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Ready to Invest?

If you're set to take the leap with Ellington Place Tower, start your investment journey today. Visit your Sponsors’ investment portal and complete the form to begin funding your investment. We're excited to have you on board!

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