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Press release content from Business Wire. The AP news staff was not involved in its creation.

Waypoint Residential Acquires Sixth 2021 Development Project

July 8, 2021 GMT

BOCA RATON, Fla.--(BUSINESS WIRE)--Jul 8, 2021--

Waypoint Residential, LLC, through a subsidiary, has acquired land for its sixth development of 2021. This Class A conventional multifamily project will sit on a 22-acre parcel in Vero Beach, Florida, with convenient access to the Space Coast. It is expected to consist of 176 units and a full array of amenities.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210708005833/en/

Rendering of Waypoint Residential, LLC’s Vero Beach, FL development. (Image Credit: Waypoint Residential)

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About Waypoint Residential

Waypoint Residential, LLC (“Waypoint”) is a vertically integrated real estate investment firm specializing in the rental housing sector. Founded in 2011 and with four offices nationwide, the firm acquires, develops, operates, and finances multifamily rental properties throughout the United States, with a focus on the Sunbelt region. Waypoint’s investment activity exceeds $4.5 billion across more than 28,000 units.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210708005833/en/

CONTACT: Arriann Weiss

VP, Marketing and Communications

(203) 210-2773

aweiss@waypointresidential.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT

SOURCE: Waypoint Residential, LLC

Copyright Business Wire 2021.

PUB: 07/08/2021 01:52 PM/DISC: 07/08/2021 01:52 PM

http://www.businesswire.com/news/home/20210708005833/en