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Halstatt Real Estate Partners Announces Acquisition of Isles at East Millenia, a 200-Unit Multifamily Community in Orlando

NAPLES, Fla.--(BUSINESS WIRE)--Halstatt Real Estate Partners, a real estate private equity firm, today announced the acquisition of Isles at East Millenia, a 200-unit multifamily community located in Orlando, Fla. The property was acquired in partnership with GoldOller Real Estate Investments, a long-standing Halstatt partner.

“Orlando continues to post exceptional job and population growth, fueled by its robust leisure and hospitality sector,” said Steven Iannaccone, managing principal, Halstatt Real Estate Partners. “While much of the region’s new supply targets Class A renters, Isles at East Millenia meets the growing demand for quality workforce housing in one of Orlando’s most dynamic submarkets. The asset’s location and fundamentals make it an ideal fit for our value-add strategy.”

The partnership plans to implement a comprehensive renovation program, upgrading the units that remain in original condition with new appliances, countertops, and contemporary finishes, along with exterior repainting, landscaping, and other site enhancements. This marks Halstatt’s fourth value-add repositioning alongside GoldOller, which manages more than 40,000 apartment units across ten states and brings deep operational experience within the Orlando market, including more than 750 units currently under management.

Halstatt Real Estate Partners invests in value add and opportunistic real estate projects across Florida, Texas, and the Southeast, partnering with experienced sponsors to reposition assets and strengthen portfolio performance. In addition to its multifamily investments, Halstatt has been an early mover in the build-to-rent sector, with seven projects totaling more than 1,350 units across Florida, Texas, and Ohio.

About Halstatt Real Estate Partners

Halstatt Real Estate Partners (“HREP”), a women-owned real estate private equity firm, has participated in the acquisition and development of over $1.5 billion in Southeast based real estate assets since 2011. Founded by the Sproul family, based in Naples, Florida, and a proud part of the Collier Family legacy in Southwest Florida, HREP invests in middle market, value add and opportunistic rental housing investments as well as distressed debt opportunities. HREP invests alongside a cross-section of institutional limited partners from fund to fund including charitable foundations and endowments, domestic and international family offices, and corporate pension funds with a history of continuity. www.halstattrealestate.com

Contacts

Media Contact
Jenna Rambaud
jrambaud@halstatt.com

Halstatt Real Estate Partners

Details
Headquarters: Naples, Fla
CEO: Katie Sproul
Employees: 15
Organization: PRI

Release Versions

Contacts

Media Contact
Jenna Rambaud
jrambaud@halstatt.com

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