Halstatt Serious Estate Companions Breaks Ground on Altair by Soltura

A New 160 Device Create-for-Rent Local community in Fort Myers, Florida

NAPLES, Fla., September 08, 2022–(Enterprise WIRE)–Halstatt Serious Estate Associates, a true estate personal equity business, today declared the groundbreaking of its hottest advancement, Altair by Soltura. The property is situated a fifty percent-mile from Odyssey by Soltura, the firm’s 1st progress in just The Forum, and represents its 2nd joint venture with Southwest Florida primarily based developer, Soltura Advancement Team.

“Altair by Soltura is a purely natural Period II of our initially build-for-lease project with Soltura Enhancement Group, Odyssey by Soltura. Both of those communities advantage from the local demand from customers drivers inside of and around The Discussion board grasp prepared local community,” stated Steve Iannaccone, principal, Halstatt Actual Estate Associates. “We have the utmost self esteem in the full progress and construction group executing on this business prepare and search forward to efficiently providing one more differentiated one-loved ones rental neighborhood in Southwest Florida.”

The property will function 160 two-story models supported by a clubhouse, neighborhood social and fitness programming, a pool, firepit, and canine park. Each individual solitary-loved ones rental household will characteristic its personal backyard and outside patio space, which gives an supplemental 500 sq. ft. of out of doors living room for every device on typical. The assets is situated in the set up grasp-planned neighborhood of The Forum, finish with eating places, retail, instructional and professional medical amenities, assisted dwelling, household communities and general public parks.

“We are at the moment leasing Stage I, Odyssey by Soltura, and have been amazed with the site visitors, exercise, and rental prices, as properly as the normal outperformance above conventional apartments,” mentioned Danville Leadbetter, cofounder of Soltura Development Team. “We search ahead to continuing our partnership with Halstatt Serious Estate Companions to deliver this upcoming growth to market place.”

Halstatt Authentic Estate Companions identifies worth add and opportunistic authentic estate initiatives all over Florida, the Southeast, and Texas. The company partners with job sponsors to create and implement a strategic business and cash enhancement plan to improve demand from customers pushed progress and financial investment possibilities.

Recently the company released a collection of whitepapers on what is driving desire in the develop-for-lease room. Our first in the collection, titled “Evolution of Rental Housing – The Increase of Construct-for-Lease“, aspects the asset course when the next piece, “Demographic Change & Way of living Choices Drive Build-for-Rent Need“, explains the focus on viewers for BFR.

About Halstatt Genuine Estate Associates

Halstatt Real Estate Partners (“HREP”), a ladies-owned real estate non-public equity agency, has participated in the acquisition and enhancement of more than $1 billion in Southeast based genuine estate property considering that 2011. Founded by the Sproul relatives, primarily based in Naples, Florida, and a proud part of the Barron Present Collier legacy in Southwest Florida, HREP invests in middle current market, worth incorporate and opportunistic commercial and household real estate jobs. HREP functions with most effective-in-class regional and regional working partners to improve the value of its serious estate investments. HREP invests together with a cross-part of institutional constrained companions from fund to fund including charitable foundations and endowments, domestic and global spouse and children places of work, and company pension money with a historical past of continuity. www.halstattrealestate.com

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Jenna Rambaud
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