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Laramar Group Snags Fractured Condos in Tampa for $49M

Laramar Group acquired 379 units at Stillwater Palms, a 432-unit condominium community in Tampa for $49.6 million.

Built in 1985, Stillwater Palms is located at 2350 Cypress Pond Rd., in the Palm Harbor area of Tampa. The community was renovated in 2017 and features full-size washers and dryers, stainless steel appliances and closets with built-in shelving. Community amenities include a 24-hour fitness center, cabanas, hammocks, a resort-style pool and picnic areas.

Jason Stanton and Cole Whitaker of Berkadia’s Orlando office represented the seller, Aspen Square Management, in the transaction.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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