Wolfson Development completes last unit sale in Bradenton, Fla., BFR project

Wolfson BTR, an affiliate of Wolfson Development Co., announced the last unit sale in their Cantabria build-for-rent (BFR) project in Bradenton, Fla., to an institutional buyer, for $59 million.

As the lead and managing partner of the project, Wolfson built Cantabria Bradenton in conjunction with Lennar, one of the largest publicly traded home builders in the United States. The project appeals to the influx of renters requiring more living space and amenities than traditional apartments without the hassle and hurdles, and, more importantly, soaring expenses associated with homeownership.

“Wolfson BTR is dedicated to expanding its pipeline across the U.S. with a heavy focus on states exhibiting high population, job growth and lower tax environments — especially our home state of Florida," said Adam Wolfson, CEO and CIO at Wolfson Development. “The Cantabria project in Bradenton is a testament to that commitment to strategy and we’re excited to announce that weâ€