Latest news with #PlainSightPropertiesResiFund
Business Wire
2 days ago
- Business
- Business Wire
Wolfson BTR Breaks Ground on Symphony Lakes, a 274-Unit Build-to-Rent Community in the Tampa-Sarasota Corridor
SARASOTA, Fla.--(BUSINESS WIRE)--Wolfson BTR, Florida's first large-scale Build-to-Rent (BTR) developer, announced it has officially broken ground on April 22, 2025 for their Symphony Lakes, a fully-amenitized 274-unit Build-to-Rent community located strategically between the Sarasota/Bradenton and Tampa/St. Petersburg metropolitan areas. Wolfson BTR Breaks Ground on Symphony Lakes A 274-unit BTR community of townhomes and single-family homes with private backyards, garages, and full amenities in the Tampa-Sarasota corridor. Spread across approximately 50 acres, Symphony Lakes is a two-phase development featuring 3- and 4-bedroom townhomes and 4-bedroom detached single-family homes, each with private backyards and attached garages. Phase I will deliver 220 townhomes and 18 single-family homes, while Phase II will bring an additional 54 townhomes to the community. The project will offer a full suite of lifestyle amenities, including a resident clubhouse, fitness center, resort-style pool, playground, meeting spaces, and extensive dog-walking and running trails—all designed to meet the evolving needs of today's renters who seek more space, privacy, and a higher standard of living. 'Symphony Lakes represents our continued commitment to bringing thoughtful, community-driven Build-to-Rent projects to markets that desperately need quality housing options,' said Adam Wolfson, CEO and Founder at Wolfson BTR. 'We are focused on delivering homes and communities that provide a bridge for those who are not yet ready for homeownership but seek a living experience beyond that of traditional multifamily apartments inclusive of more space, privacy, and community connection' Site work formally began in October 2024, with vertical construction scheduled to commence in August 2025. The first units are expected to be delivered beginning in early 2026. Situated within a three-minute drive of I-275, Symphony Lakes offers residents easy connectivity to major employment hubs, retail, dining, and coastal amenities in both the Tampa Bay and Sarasota regions. About Wolfson BTR Company Wolfson BTR is the first large-scale BTR developer in the state of Florida (and one of the first in the Southeastern U.S.) and both a pioneer and award-winning leader in the space. With over 2,000 units valued at more than $1 billion in its pipeline, the company is a fundamentals-driven real estate investor, developer, and fund manager focused on delivering asymmetric, outsized risk-adjusted returns for its investors. Backed by its internal discretionary real estate fund, the Plain Sight Properties ResiFund series, Wolfson BTR has been fully committed to the BTR model since 2017. The company is focused on long-term solutions to the nation's multi-generational housing shortage, with an emphasis on quality, community, and responsible development.
Business Wire
30-05-2025
- Business
- Business Wire
Wolfson BTR Hosts Ribbon Cutting Ceremony for Encanto Isla, a 214-unit Build-to-Rent Community in Orlando, Florida
ORLANDO, Fla.--(BUSINESS WIRE)--Wolfson BTR, Florida's first large-scale Build-to-Rent (BTR) developer, hosted a ribbon-cutting ceremony on April 22, 2025, to celebrate the first completions of its Encanto Isla townhome community in Orlando, Florida. Wolfson BTR Cuts the Ribbon on Encanto Isla. Florida's leading BTR developer opens the first homes in its 214-unit Orlando townhome community, offering spacious rentals with resort-style amenities. In partnership with Paragon Group and General Contractor First Florida, Wolfson is proud to officially open the doors to the first of its 214 new BTR townhomes across two neighboring communities. Managed by Greystar and operating under its Summerwell brand, the two communities (Encanto and Isla) are separated by less than a mile and share common amenities. 'The completion of Encanto Isla marks a major milestone in our company's BTR journey,' said Adam Wolfson, CEO and Founder. 'We are proud to bring to life a rental community that addresses the ongoing housing affordability crisis by providing quality housing choices to those that have outgrown the limited space that apartments provide at a time when purchasing a home can seem out of reach.' Encanto Isla was designed with residents in mind—featuring spacious 3 and 4-bedroom townhomes with attached garages and upgraded finishes, along with access to a resort-style clubhouse complete with a pool, fitness center and business lounge. With this latest project, Wolfson continues to lead the BTR movement in Florida and beyond, offering a fundamentally better housing solution to meet the country's evolving and growing demand. About Wolfson BTR Company Wolfson BTR is the first large-scale BTR developer in the state of Florida (and one of the first in the Southeastern U.S.) and both a pioneer and award-winning leader in the space. With over 2,000 units valued at more than $1 billion in its pipeline, the company is a fundamentals-driven real estate investor, developer, and fund manager focused on delivering asymmetric, outsized risk-adjusted returns for its investors. Backed by its internal discretionary real estate fund, the Plain Sight Properties ResiFund series, Wolfson BTR has been fully committed to the BTR model since 2017. The company is focused on long-term solutions to the nation's multi-generational housing shortage, with an emphasis on quality, community, and responsible development.
