Soltura Development Group, LLC. Breaks Ground on Altair by Soltura
Ft Myers, Florida.– Soltura Development Group, LLC., a real estate development company, today announced the Grand Opening of its latest development, Altair by Soltura. The property is located within The Forum, Ft. Myers and represents its second rental home community in Southwest Florida.
The property will feature 145 two-story units, and fifteen one-bedroom flat units, supported by a clubhouse, community social and fitness programming, co-working offices, a pool, firepit, BBQ area, and dog park. There is a combination of unit types consisting of 1-bedroom Villas, 1-bedroom Lofts, 2-bedroom Cottages, and 3-bedroom Bungalows for rent. Each single-family rental home will feature its own backyard and outdoor patio space, which provides an additional 500 sq. ft. of outdoor living space per unit on average. The property is situated in the established master-planned community of The Forum, complete with restaurants, retail, educational and medical facilities, assisted living, residential communities and public parks.
“We are excited to bring another unique offering to Southwest Florida” said Danville Leadbetter, co-founder of Soltura Development Group. “Our reimagined floor plans continue to offer highly desirable oversized front and back patios, private pet friendly back yards, upgraded finishes, and plenty of natural light through large impact doors and windows. The community as a whole remains nestled within a highly amenitized, resort style, professionally managed community setting, and now with the introduction of two-story units, we can provide each renter with an upstairs and downstairs, additional half bath, dedicated storage closet, and a loft within the same comparable square footage across the 1-bed, 2-bed and 3-bedroom offerings. The second story increases the overall value offered to the customer and provides our renters with a unique residential experience not currently offered in the marketplace.”
“The demand for build-for-rent properties remains strong, and the initial success at Odyssey by Soltura has energized us and reinforced our conviction in the build-for-rent space.” says Steve Iannaccone, principal, Halstatt Real Estate Partners. This project represents Halstatt Real Estate Partners’ fourth joint venture with Southwest Florida based developer, Soltura Development Group.
Halstatt Real Estate Partners identifies value add and opportunistic real estate projects throughout Florida, the Southeast, and Texas. The company partners with project sponsors to develop and implement a strategic business and capital improvement plan to maximize demand driven development and investment opportunities.
About Soltura Development Group, LLC.
Soltura Development Group is a design-centric development company formed in 2020 to develop single-family rental communities. Soltura currently has 745 rental homes under various stages of construction and development in Southwest Florida and in Northwest Arkansas. The company successfully developed, stabilized, and sold its first community of 129 rental homes, Odyssey by Soltura, earlier in 2023.