Sophia Square is a luxury, garden-style community acquired at pre-stabilization, making Grand Peaks an early adopter of new Class A product in the Homestead submarket. By improving resident credit quality, reducing crime, and enhancing the property’s reputation, the asset quickly matured into a desirable core offering. Grand Peaks exited in 2022, ahead of incoming supply, capturing strong value within a short, strategic hold period.

Illustration of three geometric shapes: a green triangle, a blue trapezoid, and a blue map pin icon, arranged to suggest a location or navigation theme.

HOMESTEAD, FL

Two residential buildings, with one emitting signals or attention marks, surrounded by bushes.

2019 VINTAGE

Blueprint with a grid of rooms and a large triangular ruler in the foreground.

281 UNITS

Core Acquisition
Exited
1.8 Years (December 2020 - September 2022)

Modern commercial building with blue and white exterior, large glass windows, and the address 13710 on the wall. Surrounding parking lot with cars and small trees lining the sidewalk.

Aerial view of a modern apartment complex with multiple white buildings, green lawns, and parking lots filled with cars.

Aerial view of a modern apartment complex with white and beige buildings, a swimming pool, parking lots, and a road with cars and construction cones, under a partly cloudy sky.

Community swimming pool with a covered seating area, playground, and apartment buildings in the background under a partly cloudy sky.

Modern lounge area with yellow velvet armchairs, black and gray sofas, white coffee tables, large windows with natural light, bar with pendant lights and seating, surrounded by greenery outside.

Modern living room with beige sofas, a round coffee table, decorative vases, and high glass windows showing a grassy lawn outside.

Bright living room with a large gray sectional sofa with multicolored pillows, large windows showing parked cars and green trees outside, a round wooden side table, a textured area rug, and light-colored walls and floors.

Modern kitchen with a white island, dark wood cabinets, stainless steel refrigerator, microwave, and pendant lights, with large windows and green plants.

Modern living room with large windows, black, gray, and yellow sofas, a coffee table, indoor plants, and a flat-screen TV.

Modern dining area with a white table surrounded by eight gray upholstered chairs, large windows with white curtains, and green plants on a marble floor.

Interior of a modern lounge area with large windows, gray sofa, four chairs, wooden tables, and decorative pillows, overlooking an apartment complex with a pool outside.

Indoor lounge area with beige and gray chairs, a gray sofa with light blue pillows, a white marble coffee table with a potted plant, and large windows with white curtains showing a pool and modern buildings outside.

Five treadmills positioned in a row in a gym with large windows revealing a fenced outdoor area.

Interior view of a gym with exercise machines, weights, and motivational wall graphics.

Public playground area with slides, climbing structures, shaded area, and benches surrounded by apartment buildings.

Exterior view of a modern apartment building with balconies, white and green walls, and a blue sky with clouds overhead.

Modern kitchen and dining area with wood cabinetry, stainless steel refrigerator, white dining table, white chairs, and decorative items.

Modern living room with white sofa, patterned black and white cushions, a white coffee table, a black armchair with a throw blanket and pillows, a wall-mounted TV, houseplants, a sideboard, a floor lamp, and a black and white cityscape photograph on

Modern bathroom with granite countertop, flowers in a glass vase, towels, framed pictures, beard care products, and a mirror reflecting a shower area with a white curtain.

A bedroom with white walls and a window with sheer curtains. A daybed with drawer storage underneath is decorated with colorful pillows and a large plush octopus. Two framed black-and-white animal pictures hang above it. To the right, a white desk wi

Modern bedroom with large window, beige bed, multiple pillows, white nightstands, black armchair, wall-mounted TV, white shelf with pictures, potted plant, and decorative items.

Patio area with outdoor seating, potted plant, and sliding glass door at a modern apartment building.