Mast Capital, a premier real estate development and investment firm based in Florida, along with Boston-based real estate private equity firm Rockpoint, announced the completion of The Harlow, the partnership’s newest multifamily development. The Harlow is a 248-residence rental community situated on 16 acres in Tampa’s thriving suburb of Wesley Chapel.
“We are thrilled to unveil The Harlow, our latest residential community in Tampa’s Wesley Chapel,” said Camilo Miguel Jr., CEO and Founder of Mast Capital. “Florida’s robust population and economic growth continue to drive demand for exceptional housing. At Mast Capital, we are dedicated to creating communities that not only meet the needs of our residents but also elevate their lifestyles with a curated selection of premium amenities and exquisite finishes.”
The Harlow, designed by Dwell Design Studio, is a four-story garden-style community with elevators that features various one-, two- and three-bedroom layouts ranging from 750 to 1,500 square feet. Residents and their guests have exclusive access to a comprehensive suite of lifestyle-driven amenities including a central clubhouse featuring a full-service fitness studio, game room, co-working lounge with private offices catering to those who work remote, lounge areas, resort-style swimming pool with a sundeck, an outdoor pavilion, pet park and children’s playground. The refined residences feature modern interior finishes including stainless steel GE appliances, wood cabinetry, terraces in every residence, and open floorplans. The property also features detached garages and electric charging stations.
“We are pleased to work alongside Mast Capital to offer the Wesley Chapel community luxury, garden style apartments,” said Dan Domb, Managing Member at Rockpoint. “The Tampa area is one of the fastest growing metropolitan areas in the United States, with high demand for rental properties.”
The Harlow is ideally situated in Wesley Chapel, a highly desirable suburban community just outside Tampa. This enclave is home to over a half million residents, with more on the way as recently developed communities, investments in infrastructure, and retail and dining establishments add to the rising appeal of Wesley Chapel as a highly desired residential community. The Harlow is also located within a highly regarded school district and directly adjacent to the new $250 million BayCare Hospital, Pasco County’s newest, state-of-the-art community hospital.
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 ground up development of over 4,000 residential units in South Florida, as well as the Fort Myers and Tampa metro areas.
Established in 2006, Mast Capital is a value-oriented real estate investment company with integrated development and asset management teams. Mast Capital has made successful acquisitions in the residential, hospitality, office, retail and land sectors, and targets opportunistic and value-add investments in existing property, ground-up development, distressed real estate, and note purchases. The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. Mast Capital is led by a senior management team with over 75 years of combined real estate experience and transactions totaling more than $3.5 billion.
Rockpoint is a real estate private equity firm that employs a fundamental value approach to investing, targeting select product types and markets throughout the United States. The firm applies a consistent and disciplined investment approach across its investment programs, which span distinct return profiles. Rockpoint continually assesses market opportunities and evaluates potential investments relative to intrinsic value, replacement cost, and cash flow, targeting investments that Rockpoint believes are inefficiently priced or misunderstood by the broader market.
Rockpoint proactively pursues opportunities that exhibit strong value potential that can be realized through impactful asset management. Since 1994, the firm’s co-founders with others have sponsored 19 investment vehicles and related co-investment vehicles through Rockpoint and a predecessor firm and have invested or committed to invest in 503 transactions with a total peak capitalization of approximately $80 billion.
