Mast Capital announces that Edera, the new residential community in Palm Springs, Florida developed alongside Rockpoint and The Spear Group, has commenced pre-leasing and unveiled a new series of property renderings.
“We are thrilled to deliver an upscale residential community to Palm Springs, elevating the for-rent residential experience in the village,” said Camilo Miguel Jr., CEO and Founder of Mast Capital. “This area has seen exponential growth throughout the past years and will benefit from additional high-quality projects like Edera Palm Springs, which offers a central location, numerous lifestyle-inspired amenities and an elegant and modern design throughout the property’s interior and exterior spaces.”
Palm Springs has seen the fastest population growth in Palm Beach County. The region’s growth and demand for rental housing is driven by the large number of new residents relocating to South Florida. The project’s design and scale will seamlessly integrate into the Palm Springs community and provide housing to meet the area’s growing demand.
Mast Capital has emerged as one of Florida’s most active real estate development and investment firms today, with a diverse portfolio of residential, hospitality, and commercial properties throughout the state. The firm continues to expand its portfolio, with acquisitions representing over $3.5 billion in total project capitalization. These investments include new-build up development of over 4,000 residential units in South Florida, as well as the Tampa and Fort Myers metro areas.
