Tuscan Reserve Apartments represents the inaugural Development project for Stoneweg US.  Acquired with 16 existing units, 107 "ground up" units were constructed to the apartment complex, which is located in the growing Palm Coast metro located 30 minutes north of Daytona Beach.  Summit Contracting Group led the construction which was completed in less than 12 months allowing for an aggressive lease-up strategy, resulting in full occupancy and stabilization in less than six months after following construction .  The 124-unit community, constructed to Class A caliber with best-in class amenities, was officially listed for sale in early June of 2021 and sold in late August 2021 for an attractive $32.77MM.