PALMETTO, FL – Weller Management and Terwilliger Brothers announced the groundbreaking of Trevesta Place apartment community, a multifamily housing project in the North River. Manatee County, one of the fastest growing locations along the West Coast of Florida, is within an simple commuting distance to Downtown St. Petersburg, Bradenton, Sarasota, and Tampa.
“We believe the focus in multifamily communities should be making positive living experiences. We are pleased to bring a quality development project like Trevesta Place to this community,” said John Vranich, President, Weller.
The community will consist of six 4-tale elevator-served buildings, providing an advantage over most of the competitive properties which consist of 3-tale walk up buildings. Trevesta Place houses 256 units: 24 studios, 88 one-bedrooms, 120 two-bedrooms, and 24 three-bedrooms, ranging in size from 770 to 1248 square feet. All will be fashioned with modern finishes like granite countertops, tile backsplashes, a washer and dryer, and plenty of closet space. With construction now underway, the project is estimated to start pre-leasing in late December and be completed with its first building in April 2023.
Trevesta Place will provide an “attainable price point” for renters while simultaneously providing a Class” A” apartment experience. Amenities will include a serene swimming pool, yoga lawn, dog park, parking garage, pergola and simple access to shopping and freeways. Future residents will live a small distance from gorgeous Tampa Bay, nature trails, and delight in brilliant schools, golf courses, restaurants, and retail. Simple access to I-75 and I-275 is within 5 minutes, offering small commutes to those who want to live in the suburbs.

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HOUSTON, TX – New York-based Sunsail Capital and Dallas-based ZaneCRE announced the joint acquisition of Sarah at Lake Houston, a garden-style community located in Humble, Texas, a premier submarket within the Houston MSA. The teams are led by Julia Bykhovskaia at Sunsail Capital, and Iqbal (Ike) Mutabanna and Dustin Howard at ZaneCRE.
The Sarah at Lake Houston is a 350-unit, 2020 construction, Class A+ multifamily community located in the fastest growing submarket within the Houston MSA. The property features unique lakeside living and an exceptional amenities package highlighted by a resort style pool, biergarten, multi-sport simulator, state-of-the-art athletic center, executive business and conference center, and dog park, along with luxurious interior finishes.
The investment leads commented: “We believe in the strength and stability of the Houston metro market and it’s long term growth potential. We are proud to add Sarah at Lake Houston to our real estate portfolio in TX. This property is in a strong position due to its stable, high-income tenant base and superb location. We continue to see strong growth across the state of Texas, led by jobs and population growth and a diverse mix of economic and quality of life benefits for residents throughout the area.”
The property is located less than 10 minutes away from Generation Park, a master plotted commercial development anchored by Fortune 500 company TechnipFMC (2,000+ high tech jobs) and just 30 minutes from downtown Houston (158k+ jobs), The Texas Medical Center (106K employees and Uptown/Galleria (84K employees), and the Port of Houston (67K employees).
Zack Springer of Newmark brokered the transaction. Purvesh Gosalia, also of Newmark, structured the financing for the deal.

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DAYTONA BEACH, FL – Venterra Realty recently bought its second multi-family community in Daytona Beach, The Anatole. Originally completed in 1986, the 208-unit property offers one- and two-bedroom garden-style residences that range from 486 – 1010 square feet in five unique floor plans.
The apartments feature open concept layouts, screened-in patios and balconies, washer and dryer, and ample closet space. Each residence is well-appointed with stainless steel double-basin sinks, breakfast bar, pantry, and picturesque views.
The community extends an exciting amenity package that includes two relaxing pools with lounge chairs and pergola, a state-of-the-art 24-hour fitness center, a clubhouse, barbecue/picnic area and bark park.
The Anatole is about 1 mile from the world-well-known Daytona International Speedway, in close proximity to several major employers but far enough removed from the Speedway to avoid traffic, noise and congestion from large-scale events at the facility. Major employers in the vicinity include Halifax Health Medical Center, Embry-Riddle Aeronautical University, the Speedway itself, and dozens of industrial employers centered around the nearby intersection of Interstate-95 and Interstate-4.
Venterra will complete a unit upgrade program, as well as implement its resident-focused programs such as the Live it. Like it. Guarantee., the 48-Hour Maintenance Guarantee, and SMARTLEASING.
“Last month, we started our expansion into the Daytona market with the buy of Tomoka Pointe and are excited to continue our growth in the area with The Anatole,” 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 The Anatole by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

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