KISSIMMEE, FL – Venterra Realty bought in Kissimmee, Florida. The property was built in 2008 by D.R. Horton, one of the largest homebuilders in the U.S., with condominium-quality “concrete block” construction.
The community features sizable apartments with an average unit size of 1,316 square feet, and an extensive amenity package that includes a resort-style heated swimming pool and spa, a fully equipped workout area, elegant clubhouse with billiards, video game room, clubroom and bar area with flat-screen TVs.
Cane Island is well positioned with close proximity to 6 of the top 12 theme parks in the world. While Orlando is known for its world-class entertainment cluster, other sectors of the economy have gained momentum, leading to diversification over the past decade. The area has been named one of the country’s most competitive locations for business and boasts a perpetual talent pipeline with over 500,000 students within a 100-mile radius.
The community provides renters a convenient location and the largest floorplans in the area. Cane Island’s two, three and four bedroom apartments offer ample closet space, granite counter tops, space to work from home and full-size washer and dryer. Venterra will complete further unit upgrades, including the addition of SmartHome technology, and the development of Venterra’s customer-focused management platform.
“Cane Island is a valuable investment to be added to the growing Venterra portfolio in the top-performing market of Orlando. We are confident that the property will benefit substantially from our unit upgrade program and we look forward to making Cane Island an even more desirable place to live,” said Venterra Realty Chairman, Andrew Stewart.
Venterra will implement its resident-focused programs such as the Live it. Like it. Guarantee, the 48-Hour Maintenance Guarantee, SMARTLEASING, as well as their overall commitment to providing a world-class living experience for which Venterra has become known.
“This property offers significant opportunity, and we are excited to continue our growth in Florida, leaning into its strong employment growth and attractive supply and demand,” said John Foresi, CEO of Venterra Realty.

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TAMPA, FL – ECI Group has announced the $136 million sale of the Channel Club, a 324-unit, high rise apartment community in Tampa, FL, to Arlington, VA-based Snell Properties.
The 22-tale trophy tower, anchored by a Publix Super Market (not part of the asset sale), was developed by ECI in 2019 and features one- and two-bedroom apartments averaging 911 square feet. Luxury touches include private balconies with Tampa skyline views along with stainless steel and granite finishes. A resort-style pool boasts more panoramic views of downtown Tampa and residents have access to a state-of-the-art fitness center, covered parking garage, and a business center.
The Channel Club celebrates the emergence of the Channel District, a former industrial district, as an exciting and vibrant walkable location. While exiting the Channel Club, the ECI Group continues to invest in the Channel District, recently starting development on a Phase II property, the Parc Madison, with 351 apartment units, on the same block as the Channel Club and Madison Street Park.
“ECI Group is incredibly proud of the Channel Club and the execution of our development and operations plot by our team,” said ECI CEO, Seth Greenberg. “We are excited to be continuing to invest in one of the most transformational downtowns in the nation with the Parc Madison and congratulate Snell on their buy of Channel Club, a wonderful addition to their growing Southeast portfolio.”

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HOUSTON, TX – A partnership consisting of Better World Holdings and Crown Capital Ventures has bought Skylar Pointe Apartments, a 449-unit rental development situated at 110 El Camino Village Drive in the Clear Lake neighborhood of Houston, TX for $49.1 million.
The property is located in close proximity to the NASA Johnson Space Center, Lockheed Martin, the Boeing Company, HCA Houston Healthcare Clear Lake and Memorial Hermann Southeast Hospital.
Constructed in 1979, Skylar Pointe Apartments comprise 162 one-bedroom apartments, 255 two-bedroom apartments, and 32 three-bedroom apartments. The overall development is 423,240 square feet in size.
The new owners plot a modernization initiative valued at a total of $4.6 million. The improvements will consist of a $2.9 million investment in interior upgrades within all units, as well as $1.7 million in upgrades to exterior amenities.
“Located in one of Houston’s most desirable neighborhoods, Skylar Pointe Apartments presents a prime value-add opportunity, with rents presently trailing the submarket,” said Reuven Bisk, president and managing member of Better World Holdings. “The partnership is poised to launch a wide spectrum of improvements that will lead to increased rents and will maximize the property’s value.”
“Skylar Pointe Apartments is situated amid a diverse economy based around booming, recession-resistant industries and a growing population of young, professional workers,” said Shia Grunzweig, founder and principal of Crown Capital Ventures. “Crown Capital Ventures believes that real estate development can be a force for excellent in the world, and the best deals result in wins for all stakeholders.”
Better World Holdings will manage the properties and renovations through its management arm, Better World Properties LLC. Crown Capital Ventures and Better World Holdings will jointly assume asset management responsibilities.

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