Venterra Realty Acquires The Retreat at Lakeland Apartments

The 464-unit community located in Lakeland, FL was acquired by leading realty management organization Venterra Realty on September 1st.

Eve Payne
By Eve Payne Add a Comment
Photo: Official

Lakeland’s premier apartment housing community, The Retreat at Lakeland, was recently acquired by Venterra Realty, an organization founded in 2001 that today over sees a $3.5 billion portfolio of multi-family real estate assets. The realty company completed its acquisition of the 464-unit complex on September 1st.

“The Retreat at Lakeland’s position between the metropolitan areas of Tampa and Orlando complements our presence in those markets,” said Venterra Realty Chairman Andrew Stewart in a press release. “We are confident that managed in the Venterra Way, the property will be a valuable investment and will provide a great living experience to our residents.”

The Retreat is located along the I-4 corridor, midway between Tampa and Orlando, which according to the press release, is “one of the fastest growing areas in the country.” The Retreat, first built in 1988, was recently renovated. Spacious one, two, and three bedroom apartments are available for lease. These upgraded spaces come equipped with wood-burning fireplaces, full-size washer and dryers, and whirlpool bathtubs.

In addition, the community boasts a great amenity package featuring, “two sparkling pools with an expansive sundeck, a state-of-the-art fitness center, a bark park, a modern playground, and an illuminated tennis court and pickleball court with no shortage of things to do.”

Venterra Realty plans to implement resident-focused programs such as Live it. Love it. Guarantee.™, which is its 48-hour Maintenance Guarantee.

“We are excited to build upon our large established presence in the Sunshine State and provide an industry-leading living experience to the residents of Lakeland,” said John Foresi, CEO of Venterra Realty.

Photo: Official
Photo: Official
Photo: Official

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