Eastwind Development

What Eastwind Development does

Eastwind Development is a private multifamily real estate acquisition and development firm headquartered in Palm Beach Gardens, Florida, with a regional office in Orlando. The company identifies, acquires, develops, and disposes of mid- to large-scale multifamily rental communities in Florida and the broader Southeast U.S., with a stated track record of 24 delivered communities comprising over 4,100 units and an active pipeline of more than 1,000 additional units in construction or pre-development. Its product offering centers on Class A-style multifamily communities under community-level branding (e.g., the 'Aston' sub-brand in Melbourne, Altamonte Springs, and Jacksonville), with completed portfolio examples such as Solera at City Centre, The District Flats, and San Mateo Crossing. The firm runs a transaction-based revenue model: it generates revenue through development fees, property sales to institutional investors, REITs, or private equity firms, and long-term ownership of stabilized assets, pricing of which is not publicly disclosed and depends on property, location, unit count, and market conditions. Eastwind targets institutional capital for disposition, while serving individual renters as the end-user customer, and operates with a lean principal-led team of 1-10 employees that outsources construction execution to general contractors. No public financials, funding rounds, partnerships, certifications, patents, or AI/technology capabilities are disclosed.

Name

Eastwind Development

Legal name

Eastwind Development

Website

https://eastwinddevgroup.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Eastwind Development is a private Palm Beach Gardens-based multifamily real estate developer that acquires, builds, and sells Class A rental communities in Florida and the Southeast U.S., having delivered 24 communities with 4,100+ units to institutional buyers.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development

NAICS

Residential Remodelers (236118)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Multifamily development
• Real estate acquisition
• Residential communities
• Property development
• Multifamily housing

Headquarters

HQ city

Palm Beach Gardens

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Multifamily Development and Sales: Acquisition and development of multifamily communities with intent to lease or sell completed properties to institutional investors, REITs, or private equity firms. Revenue generated through property sales, development fees, and long-term property ownership.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Eastwind Development acquires and develops multifamily residential communities throughout Florida and the Southeast U.S. The company targets institutional investors, REITs, and private equity firms for acquisition and partnership on large-scale multifamily projects, generating revenue through property sales, development fees, and long-term property ownership. To date, the company has delivered 24 communities comprising over 4,100 units with 1,000+ additional units in development.

Product overview

Eastwind Development is a multifamily real estate acquisition and development company offering a portfolio of residential communities across Florida and the Southeast U.S. The company operates as a single business line focused on developing, acquiring, and managing high-quality multifamily housing communities. The portfolio includes three featured current communities (The Aston at Longleaf, The Aston at Uptown, and The Aston at Town Center) and three past completed communities (Solera at City Centre, The District Flats, and San Mateo Crossing). To date, Eastwind has successfully developed 24 multifamily communities comprising over 4,100 units, with several additional communities in various stages of construction or pre-development.

Differentiator

Problem solved

Functional benefit

Products and services

• The Aston at Longleaf Multifamily residential community located in Melbourne, FL featuring 264 units, developed by Eastwind Development.
• The Aston at Uptown Multifamily residential community located in Altamonte Springs, FL featuring 261 units, developed by Eastwind Development.
• The Aston at Town Center Multifamily residential community located in Jacksonville, FL featuring 278 units, developed by Eastwind Development.
• Solera at City Centre Past completed multifamily residential community located in Palm Beach Gardens, FL featuring 136 units.
• The District Flats Past completed multifamily residential community located in West Palm Beach, FL featuring 178 units.
• San Mateo Crossing Past completed multifamily residential community located in Kissimmee, FL featuring 352 units.

Quantifiable outcome

• 4,100+ units delivered across 24 communities
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• RangeWater Real Estate: Sun Belt-focused multifamily developer and operator building institutional-quality apartment communities across the Southeast U.S., directly comparable to Eastwind's geography and product type.
• Crescent Communities: Multifamily and mixed-use developer with a strong Southeast U.S. footprint that develops Class A rental communities in similar high-growth markets.
• Wood Partners: National multifamily developer that acquires, develops, and manages Class A apartment communities across high-growth U.S. metros, with a similar institutional capital-partner model to Eastwind's.
• Davis Development: Southeast-focused multifamily developer that acquires, develops, and operates garden-style apartment communities with institutional capital partners, overlapping with Eastwind's regional footprint.
• Mill Creek Residential: Multifamily developer focused on building and managing rental communities in high-growth U.S. markets, with institutional capital partners and a comparable acquisition-plus-development playbook.
• Trammell Crow Residential (Highmark Residential): National multifamily developer that builds Class A apartment communities with institutional capital partners, with active pipelines in Florida and other Sun Belt states.

Broad incumbents

• The Related Companies: Diversified national real estate developer with a large affordable and market-rate multifamily platform (Related Affordable, The Related Group in Florida), competing for similar institutional capital and Southeast U.S. opportunities.
• Greystar Real Estate Partners: The largest U.S. multifamily developer, operator, and investment manager with a broad national footprint, overlapping directly with Eastwind in Southeast U.S. Sun Belt markets.
• Toll Brothers Apartment Living: Multifamily development division of Toll Brothers developing Class A rental communities nationwide, including Florida markets, with institutional capital partners.
• Lennar Multifamily Communities (LMC): Multifamily arm of Lennar Corporation, one of the largest U.S. homebuilders, developing institutional-quality rental communities nationwide with a significant Florida presence.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/eastwind-development

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eastwind Development