Investor buys two Clearwater hotels, transforming them into apartments

A joint venture between Miami investment and Mexico City private equity firms has bought two properties near airport.

  • By Louis Llovio
  • | 5:10 p.m. May 4, 2022
  • | 0 Free Articles Remaining!
Joint venture between Miami investment and Mexico City private equity firms buy two properties near St. Pete-Clearwater International Airport.
Joint venture between Miami investment and Mexico City private equity firms buy two properties near St. Pete-Clearwater International Airport.
  • Tampa Bay-Lakeland
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A Mexico City investment company has bought two Tampa bay hotels and intends to transform them into apartment complexes.

The company is EPC Promecap Multifamily Partners, a joint venture between Miami-based Eagle Property Capital Investments and Promecap, a Mexico City-based private equity firm.

 

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