St. Petersburg, Florida | Multifamily JV Opportunity

February 7, 2023

The Carlton Group has been engaged as the exclusive advisor to secure approximately $40 Million of JV Equity for a 285-unit, Class-A Multifamily development in St Petersburg, FL, one of Florida’s fastest growing markets.

Key Highlights:

  • The total project cost is ~$172 Million.
  • Projected deal level returns are ~30% IRR and a 2.2X Equity Multiple over a 3-year hold period.
  • The Project will feature state-of-the art amenities with over a total of 265,106 NSF.
  • Sponsors have a strong track record of developing best-in-class projects.


If you have interest, more detailed information will be provided upon request.


Michael Campbell

Chief Executive Officer

Office.212.716.5611  | Mobile.201.232.5244

360 Madison Avenue NY, NY 10017

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For new business inquiries, fill out the form or call us and the appropriate representative will be in touch.

Michael Campbell, CEO


St. Petersburg, Florida | Multifamily JV Opportunity