Joe Lubeck Of American Landmark Apartments Acquires 295-Unit Tortuga Pointe In St. Petersburg For $XXM

The property involved in this transaction is a multifamily community consisting of 295 units situated on a 13-acre site located at 10475 Gandy Boulevard North, in St. Petersburg, Florida. The acquisition was completed on July 31, 2026, and falls within a growing market known for its multifamily investment opportunities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Address: 10475 Gandy Boulevard North
• Market: St. Petersburg, FL
• Units: 295
• Acres: 13
• Buyer: Joe Lubeck - American Landmark Apartments
• Seller: Adam Portnoy - The RMR Group

This acquisition represents American Landmark’s eighth purchase within a three-month period, significantly expanding its portfolio to 22 properties in Florida. Joe Lubeck leads American Landmark Apartments, while Adam Portnoy is associated with The RMR Group, ensuring strategic expansion in value-add multifamily investments throughout the Sun Belt region. The property was rebranded as Tortuga Bayside following the acquisition.