Vesper Holdings Acquires 722-Bed Community Near the University of South Florida

Tampa, Fla. — Vesper Holdings has acquired 4050 Lofts, a 722-bed student housing community located near the University of South Florida in Tampa. The property offers three- and four-bedroom, fully furnished units with bed-to-bath parity. Shared amenities include two swimming pools, a tanning dome, fitness center, aqua lounge, coffee bar, clubhouse, outdoor kitchen and a pool table. The new ownership plans to invest $1.4 million in capital improvements, which will include a renovation of unit interiors and shared amenity spaces, as well as extensive enhancements to the property’s exterior and technology upgrades throughout. The seller and terms of the transaction were undisclosed. Ryan Lang, Jack Brett and Brandon Buell of Newmark Knight Frank brokered the sale.

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