Executed Contract to Sell

In Q1 2025, we received permitting approval and submitted an additional electrical easement required before closing. Last quarter, the easement was approved, clearing us to close. On July 15, 2025, we executed the sale contract, officially completing Phase 3.

July 16, 2025
Adam Whitmire

In Q1 2025, we received permitting approval and submitted for an additional electrical easement, which was required prior to closing.

Last quarter, we successfully obtained approval for the electrical easement and were ready to close on Phase 3.

On July 15th, 2025, we finalized and executed the contract to sell these lots, officially completing the sale of this project.

More Projects Update

Water & Electrical Utilities Installed

Filip Bondas
May 29, 2026

We previously completed horizontal development on the 41-lot short phase within Phase 2, and the plat has been submitted and approved. In the remaining section of the property, water and electrical utilities are in place, with base and curb work next.

Received CO on 9 Units

Filip Bondas
May 28, 2026

Nine units in Phase 1 are finished, with Certificates of Occupancy in hand and ready for lease-up. Five more units on Lots 58 through 62 are being brought to CO, and the building permit application for the next 18 lots has been submitted ahead of vertical construction.

Two New Luxury Rentals Live

Filip Bondas
May 27, 2026

Two more properties recently went live, one outside Clearwater, Florida and one lakefront in the Poconos, both five-bedroom, eight-bed homes with full amenity packages. Since acquiring 142 rentals in December 2024, the portfolio has grown to 153 units.