WESLEY CHAPEL, FL – Venterra Realty recently bought the Avasa Grove West community located in Wesley Chapel, Florida. The 330-unit, multifamily community was built in 2023 and offers modern one, two, and three-bedroom garden-style residences that range from 782 – 1563 square feet in eight unique floor plans.
Located in the quick-growing area of Wesley Chapel, Florida, the community is approximately 20 miles north of downtown Tampa, along Interstate-75. The property is directly adjacent to The Grove at Wesley Chapel and Krate, two large retail developments that boast an array of unique shopping and dining experiences for residents to delight in.
The apartments offer high-end unit interiors that feature quartz countertops, stainless steel appliances, prep islands, large soaking tubs or stand-up showers, ample closet space, and screened-in patios. The property provides renters with a best-in-class amenity package that includes a resort-style pool area, complete with pergolas, poolside grills, a California kitchen and TVs, our 24/7 fitness center, a Yoga / Spin studio, and an upscale clubhouse.
Venterra will implement its resident-focused programs such as the Live it. Like it. Guarantee.™, the 48-Hour Maintenance Guarantee, and SMARTLEASING.
“We have seen brilliant growth in the Tampa metropolitan area, and are excited to expand our Florida portfolio with the addition of the amenity-rich property Avasa at Grove West,” said John Foresi, CEO of Venterra Realty. “Venterra has become known as a company that is committed to providing a market-leading living experience, and we look forward to identifying opportunities to further enhance the standard of living at Avasa Grove West by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

Powered by WPeMatico

FLEMINGTON, NJ – Enclave at Raritan, a groundbreaking new apartment community that combines modern comfort and style with everyday convenience, all in one campus, recently opened its doors.
“Enclave at Raritan is the realization of a vision we had of everything a resident could ever need being available in one walkable campus,” Jack Cust, Cust Investments Chairman, said. “We have brought an urban living experience to Hunterdon County, which is an exceptional place to live. The new apartment community enhances that experience with features and events suited to every renter’s individual tastes.”
Professionally managed by Greystar, Enclave at Raritan is a four-tale wrap-style community with 200 residences that come in one- and two-bedroom layouts as well as two-bedroom with den floorplans. Wrap-style communities are built around an interior parking garage that provides same floor access without having to go outside.
The luxury campus’ main attraction is the HealthQuest athletic facility that features indoor and outdoor pools, a children’s gymnastics studio, dance studios for adults and kids, cycle and Pilates classes, an extensive strength training space, sauna, showers and a restaurant. The walkable campus also houses anything residents could possibly need from a grocery store to restaurants to dry cleaning.
Enclave at Raritan is situated within Hunterdon County, which is an exceptional place to live. According to the county’s Economic Development and Tourism agency, Hunterdon County has been named the healthiest county in New Jersey for 8 consecutive years and ranks in the top 3 percent of all counties in the country in which to live in. Hunterdon is close to four major international airports and is just 30 minutes from the nation’s top university according to U.S. News & World Report, Princeton. The county is also home to a Blue Ribbon school district.
The apartment community’s luxury campus is also close to major employers including Johnson & Johnson, Amazon, Rutgers University, Bristol Myers Squibb, Hunterdon Medical Center, Verizon and IBM, many of which also offer remote work that is perfect for Enclave at Raritan’s offering of in-unit and community work-from-home amenities.
Hunterdon County, located in the heart of Central Jersey, has plenty of recreation options for Enclave at Raritan’s residents, a climbing gym, an ice arena, baseball/softball facilities, as well as a Double-A minor league baseball team and several golf options. The area has plenty of parks, playgrounds and nature trails for hiking, biking and boating opportunities as well as local vineyards and breweries.

Powered by WPeMatico

DAVENPORT, FL – Sovereign Properties and Invest Capital Group have announced the grand opening of Atlantica at Town Center, the first phase of its two-phased development. They are hosting a ribbon cutting event on September 28th at the property to celebrate the completion of its first phase.
Atlantica at Town Center is located at 1121 Loblolly Lane, Davenport, FL. The 360-unit Class A apartment community offers one-, two- and three-bedroom units ranging from 683 square feet to 1,435 square feet, which are some of the largest units in the area.
The community was designed to give residents a resort-style feel and boasts a large pool area featuring cabanas, an outdoor kitchen, gas grills, outdoor TVs, and more. Other on-site amenities include a state-of-the-art fitness center, a pet park, dog spa, yoga studio, clubhouse with a game room and coffee station, elevators, valet trash stations, Luxor One package lockers, storage units, ample surface parking, attached and detached garages, and 24/7 on-site security.
“We wanted to build a community where residents felt relaxed, comfortable and safe. Sovereign Properties and Invest Capital Group carefully designed and selected all of the amenities and finishes so that the families living there feel like they can call Atlantica at Town Center home,” David Amiel, Investment Manager of Invest Capital Group.
All units have wood-inspired flooring, stainless steel appliances, quartz countertops, shaker kitchen cabinets and walk-in closets. Some units have screened balconies and patios and nine-foot-high ceilings.
The 360-unit property is over 60% leased. The 352-unit second phase, situated on land adjacent to phase one, is scheduled for a late 2023 groundbreaking, with completion anticipated by late 2024.
Atlantica at Town Center contracted the Davenport and in 2018 when there was small development in the area. “We believed that this was going to be the focal point for Davenport, and that’s what it’s become during the past five years,” said Katie Clarke, Sovereign Properties’ Chief Investment Officer.
Situated near Osceola Polk Line Rd. and Ancient Lake Wilson Rd., Atlantica at Town Center is close to Interstate 4, within a 15-minute drive from Disney World, Universal Studios, Orlando International Airport and Downtown Orlando. Davenportis also close to technology, trade, transportation and logistics employment hubs.
The property is Sovereign and Invest Capital’s second to be built under the Atlantica brand. The first, Atlantica Burleson, was completed in late 2022.
More Atlantica projects are being plotted or underway. These include the second phase of apartments in Davenport, Atlantica at Town Center Phase II, as well as Atlantica at Alamo on the west side of San Antonio, TX; and Atlantica at Daytona in Daytona Beach, FL.
Sovereign and Invest Capital Group target growing population and job centers across the Sun Belt market where median incomes are typically higher than the national average, and that offer A-rated school. Most often, the Atlantica brand focuses on locations in secondary markets that are close to larger metropolitan areas.
“Sovereign and Invest Capital Group, have been able to deploy capital and start new construction deals in a very challenging time,” Clarke said. She noted that even as multifamily construction has slowed, Sovereign and Invest Capital continue focusing on developments and unit delivery. “We remain very bullish on multifamily,” she added.

Powered by WPeMatico