Development Features 200 Luxury Build-to-Rent Units
Halstatt Real Estate Partners, a real estate private equity firm, today announced the opening of its latest build-to-rent development, Swell by Soltura, located in Bonita Springs, FL. The community will be delivering units in phases, and at completion will feature 200 luxury cottage style apartments that are supported by state-of-the-art amenities including a leasing center, fitness center, loungeroom/work area, dog park, and resort-style pool.
“As the cost of buying a home continues to put pressure on many households, more people are turning to rental options that don’t compromise on space or quality of life,” said Steve Iannaccone, principal, Halstatt Real Estate Partners. “Our build-to-rent community in Bonita Springs is designed to meet that demand—offering residents the comfort and privacy of a single-family home, with features like private yards and individual entrances, all without the upfront costs or long-term obligations of ownership. It’s a model that supports flexibility while still delivering a strong sense of neighborhood and lifestyle.”
The 200 rental homes will be comprised of a mix of one-, two-, and three-bedroom units offered in a clustered two-story cottage format. All residences will have private first floor entryways and private fenced, landscaped backyards with patios, which provide, on average, 530 sq. ft. of additional living space per unit.
“We were early movers in the build-to-rent space, and Swell marks our fourth project with Halstatt in Southwest Florida,” said Danville Leadbetter, co-founder of Soltura Development Group. “Nationwide, demand for build-to-rent housing has grown rapidly, driven by younger households and growing families looking for more flexibility and space. In Florida—where homeownership can be unpredictable and upfront costs remain high—cottage-style communities like Swell offer a more stable and financially accessible alternative.”
Swell by Soltura represents the fourth build-to-rent development in partnership with Southwest Florida-based Soltura Development Group, joining Odyssey, Altair, and Argos. To date, Halstatt has committed to seven build-to-rent projects totaling more than 1,350 units. The firm’s BTR portfolio includes three projects in Fort Myers, Fla, and singular projects in Bonita Springs, Fla., Sarasota, Fla., Austin, Texas, and Columbus, Ohio. To explore these projects, visit the portfolio page on our website.
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 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 commercial and residential real estate projects. HREP works with best-in-class local and regional operating partners to maximize the value of its real estate investments. 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
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Jenna Rambaud
jrambaud@halstatt.com