Commercial Real Estate Profile | Don Paxton

Founder, President, Director of Development | Beneficial Communities | Sarasota

Don Paxton has been involved in the development of more than 175 multifamily communities throughout Florida and two dozen other states throughout his career. In 2001, he founded Beneficial Communities after working for Picerne Development Corp. and Brisben Development. Today, Beneficial builds both market rate, senior and affordable communities. Its portfolio includes the Maple Crest Apartments in Fort Myers and the Oaks at Stone Fountain in Tampa, and the company is planning new communities in Miami, Sarasota and elsewhere in Florida.

What's your assessment of the multifamily market along Florida's Gulf Coast? Still healthy?