In July 2022, Dimes Capital Group, in partnership with Bosshardt Property Management, closed on the $30MM acquisition of Huntington Green Apartments and Clearlake Pines Apartments. Located in the Space Coast of Florida (Palm Bay-Melbourne-Titusville MSA), the communities have a combined 300 apartments.
“We identified two conveniently located assets in a fast-growing market and intend to breathe new life into them. By enlisting top-tier property management and a value driven renovation plan we believe we can address a need for quality apartments within the market’s affordability limits.” – Gabriel Troncoso, Dimes Capital Group.
The birthplace of American space exploration and the hub of Florida’s space industry, Brevard County boasts generations of high-tech talent along with the largest share of STEM-related jobs in Florida. Situated in the middle of major space, air, sea, road and rail corridors, Florida’s Space Coast offers an attractive tax and wage climate enticing a variety of industries. Home to several colleges and universities, including the renowned Florida Institute of Technology, the Space Coast encompasses 72 miles of pristine beach and an average temperature of 73 degrees. Florida’s Space Coast is an alluring location to live, work and play. Florida’s Space Coast, home to Patrick Space Force Base and Cape Canaveral Space Force Station, is one of five communities across the country named to the 2022 Class of Great American Defense Communities. Attracting many STEM and manufacturing related industries, the Space Coast is home to firms such as Lockheed Martin, Blue Origin, SpaceX, L3Harris, Embraer, Northrop Grumman, Boeing, Collins Aerospace, and many more.
