REM Capital celebrates groundbreaking for latest development in St. Petersburg (RENDERINGS)

REM Capital celebrated the groundbreaking for its latest development, in St. Petersburg, Ellington Place, an apartment community. Located at 770 4th Ave., N., the design for Ellington Place is inspired by the jazz era and the legendary Duke Ellington, according to a statement. Each of the 220 studio and one-bedroom apartments will include high-quality finishes

Coastal Construction awarded Project of the Year for Heron Residences

Coastal Construction received the the General Contractor Project of the Year award by Associated Builders and Contractors (Gulf Coast Chapter) for the company’s work on the Heron Residences, in Water Street Tampa. The award was given to Coastal Construction, the general contractor for the Heron, during the 2023 ABC Excellence in Construction Awards Ceremony held

One Liners Pasco: Middleburg Communities, Pasco EDC and more

► Middleburg Communities, a developer based in Virginia, is building Mosby Avalon Park, a 338-unit apartment complex, in Wesley Chapel, near State Road 54.  ► The Pasco Economic Development Council announced the relocation of Gary Plastic Packaging, based in New York City, to the North Pasco Corporate Center which is currently under development by Harrod

Great Places and Spaces: Central Avenue loft development

2700, a loft homes development, is coming to St. Petersburg’s Grand Central district. Barkett Realty has partnered with Modern Tampa Bay Homes for the project. Modern Tampa Bay Homes is known for its cutting-edge, contemporary homes built throughout the area. The project is reserving loft homes starting at $825,000. Located at the intersection of Central

Apartment industry resiliency in an era of uncertainty

By Bryan Castillo – Director of Debt and Structured Finance, Stoneweg US, LLC Recent events, related to the global pandemic, have introduced uncertainty about which investments will outperform in the new economy.  While the apartment industry has delivered strong investment returns over the past 10 years, below we summarize how the industry is performing in