D.C. investor pays $65.6M for apartment community near historic downtown

Tampa developer DDA Development sells Icaria on Pinellas to RSE Capital Partners for $278,179 per unit.

COURTESY: Icaria on Pinellas sold for $65.6 million to RSE Capital Partners out of Washington D.C.
COURTESY: Icaria on Pinellas sold for $65.6 million to RSE Capital Partners out of Washington D.C.
  • Tampa Bay-Lakeland
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TARPON SPRINGS — An apartment complex near historic downtown Tarpon Springs and the city’s sponge docks has sold for $65.6 million to a Washington, D.C. investor with an existing Gulf Coast footprint.

 

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