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Stewards completes USD 90 million acquisition of Envy Pompano Beach multifamily community in Florida
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Stewards completes USD 90 million acquisition of Envy Pompano Beach multifamily community in Florida
  • Stewards completed the acquisition of Envy Pompano Beach, a 214-unit Class A mixed-use multifamily property in Pompano Beach, Florida.
  • Contractual purchase price of USD 90 million; financing included a USD 47.7 million property-level loan from LoanCore Capital Credit REIT.
  • Property was 89.3% physically occupied, 93% leased as of Aug. 26, 2026; trailing 12-month revenue of about USD 5.3 million.
  • Stabilization plan targets about 95% occupancy, NOI of more than USD 4.2 million; no condominium conversion planned.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stewards Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609240932PRIMZONEFULLFEED9833372) on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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