Ric Campo Of Camden Property Trust Acquires Multifamily Complex In Clearwater For $109M

The multifamily asset at 19355 Us Highway 19 N in Clearwater spans 330 units and was sold for $109,000,000, yielding a price per unit of $330,303. Built in 2019, the property includes amenities such as a pool, gym, and kayak dock.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $109,000,000
• Units: 330
• Price Per Unit: $330,303
• Buyer: Ric Campo - Camden Property Trust
• Seller: Steven DeFrancis - Cortland
• Date of Sale: May 29, 2025
• Previous Sale Price: $104,000,000
• Previous Sale Year: 2020

Ric Campo represents Camden Property Trust, while Steven DeFrancis represents Cortland in this transaction. The property has been rebranded as Camden Clearwater following the acquisition.