- December 15, 2025
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The Blackstone Group has acquired a 381-unit multifamily rental complex in St. Petersburg, a signal that institutional investors remain bullish about prospects for rent and population growth in the Tampa Bay area.
An affiliate of the New York-based investment giant bought the Verandahs at Brighton Bay complex for $65.2 million from an entity controlled by The Praedium Group, Pinellas County property records show.
