Stoneweg US's portfolio tops $1 billion

St. Petersburg-based apartment investor focused on workforce housing maintains ambitious plan to grow

  • By Kevin McQuaid
  • | 6:00 a.m. April 3, 2020
COURTESY PHOTO — Stoneweg US' acquisition of the Summerlyn Apartments in Raleigh, N.C. brought the value of its portfolio to over $1 billion in February.
COURTESY PHOTO — Stoneweg US' acquisition of the Summerlyn Apartments in Raleigh, N.C. brought the value of its portfolio to over $1 billion in February.
  • Commercial Real Estate
  • Share

The portfolio of Stoneweg US LLC, a St. Petersburg-based affiliate of a Swiss investment firm that buys and develops workforce-targeted multifamily rental properties, has surpassed $1 billion in assets.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • April 1, 2026
Tampa tire store franchisor rolls into new brands, buys a restaurant
  • April 1, 2026
Tickets on sale for Business Observer's flagship event: Top Entrepreneur Luncheon
  • March 31, 2026
South Seas buys 22-acre artist retreat on Captiva
  • March 31, 2026
Pizzeria closes on Main Street in Sarasota

Sponsored Content