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Transactions - JANUARY 24, 2023

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TRUSOT Developments JV to build 243-unit build-to-rent community in Central Florida

by Released

TRUSOT Developments and Agador Spartacus Development have plans to develop Solamar Wildwood, a 243-unit build-to-rent townhome and villa community located in Wildwood, Fla., and adjacent to The Villages, the largest 55-plus active-adult master-planned community in the United States.

TRUSOT and AS are developing Solamar Wildwood as part of a joint venture that includes several projects across Florida, including Solamar Kissimmee, which was also financed by Churchill Real Estate.

“We view this as a continuation of our overarching belief in the BTR space and are excited to continue down this path with the TRUSOT and AS team,” said Jeff Rosenfeld, who, along with Sean Robertson, co-heads Churchill’s Institutional Property Group.

Once completed, Solamar Wildwood will feature one, two- and three-bedroom homes with semi-private backyards and a combination of surface parking spaces and private garages. The property will benefit from a robust amenities package, inc

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