Tampa firm invests $5.5M into Sarasota townhome project

A Tampa-based investment firm committed $5.5 million in private equity to help fund a Sarasota luxury townhome development in the Rosemary District near downtown. The project is described as a roughly $24 million community of 12 townhomes (about 2,000–2,400 sq. ft.) with high-end features like rooftop terraces and two-car garages, with some units offering private elevators and optional rooftop add-ons; pricing is listed in the $1.85M–$2.25M range and construction is expected to finish within 18–24 months. For more information click here.