Agador Spartacus Development

What Agador Spartacus Development does

Agador Spartacus Development is a privately held, Florida-based real estate development firm founded in 2021, headquartered in Aventura. The company develops Build-To-Rent (BTR) single-family communities, multifamily residential, hospitality, self-storage, and retail commercial properties, with a portfolio exceeding 5 million square feet and an additional 1+ million square feet in development pipeline. Geographic focus is concentrated in Florida submarkets—Palm Bay, Spring Hill, Winter Haven (Lake Hamilton), and Wildwood—with additional residential exposure in Mexico. The company is led by an 11-person team that includes Principals Alan Benenson, Alberto Dichi, and Samy Cohen; CFO Helen L. Cruz; Director of Acquisitions Nico Chami; Director of Land Entitlement Nika Zyryanova; Marketing Director Sophia Serur; and supporting roles in asset management, financial analysis, and acquisitions.

The business model is a vertically integrated real estate development platform: the company acquires and entitles land, manages site development and construction, and operates or sells completed assets. Four named projects are currently featured: Apartments at Palm Bay (multifamily, under construction), Magnolia Spring Hill (multifamily), Magnolia at Lake Hamilton (multifamily, Winter Haven), and Magnolia at Powell (multifamily, Wildwood). The company has no proprietary technology platform; its only disclosed third-party integration is Juniper Square, which provides the private investor portal through which the firm raises and reports capital to its investor base. Go-to-market is sales-led, relying on direct investor relations and a digital presence (LinkedIn, Instagram, Facebook, X) in addition to a portfolio website. Revenue is generated through development, construction, and sale of real estate assets, with the BTR segment indicating potential long-term rental income, though no financial figures are publicly disclosed.

Name

Agador Spartacus Development

Legal name

Agador Spartacus Development Group

Website

https://asdevgroup.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Agador Spartacus Development is a Florida-based real estate developer founded in 2021 that builds Build-To-Rent, multifamily, hospitality, self-storage, and retail properties across Florida and Mexico, serving private investors and Florida residents.

Ownership category

akta.pro rank

Headquarters

HQ city

Aventura

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Real Estate Development: Development and construction of multi-family, BTR communities, hospitality, self-storage, and retail commercial properties in Florida. Revenue generated through property development, sales, and potentially long-term rental income from BTR communities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Agador Spartacus Development is a real estate development firm that acquires land, entitles sites, and develops build-to-rent single-family communities, multifamily residential properties, self-storage facilities, hospitality projects, and retail commercial assets primarily in Florida submarkets. The firm provides end-to-end development services including land acquisition, site development, project management, and investor relations, with a portfolio exceeding 5 million square feet.

Product overview

Agador Spartacus Development is a single, unified real estate development firm specializing in Build-To-Rent (BTR) and Multi-Family Communities in Florida. The company operates as a property development platform offering multifamily residential properties (Apartments at Palm Bay), single-family BTR communities (Magnolia at Powell, Magnolia Spring Hill, Magnolia at Lake Hamilton), self-storage developments, and hospitality projects. Their portfolio exceeds 5 million square feet of commercial, multi-family, hospitality, and retail assets, with another million square feet in development pipeline. The company provides end-to-end services including land acquisition, site development, project management, and investor relations.

Differentiator

Problem solved

Functional benefit

Products and services

• Apartments at Palm Bay Multifamily residential property under construction in Palm Bay, Florida, serving renters in the Florida market.
• Magnolia Spring Hill Residential development project located in Spring Hill, Florida, part of the Magnolia multifamily portfolio.
• Magnolia at Lake Hamilton Residential development project located in Winter Haven, Florida, part of the Magnolia multifamily portfolio.
• Magnolia at Powell Residential development project located in Wildwood, Florida, part of the Magnolia multifamily portfolio.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Juniper SquarecoreTechnology or IntegrationJuniper Square provides the investor management portal platform for Agador Spartacus Development. Existing investors access their investment information and reporting through this platform.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Lennar Corporation: One of the largest U.S. homebuilders, with an active Build-To-Rent strategy (Millrose spin-off) and significant Florida exposure. A broad incumbent comparable to Agador in BTR product and Florida submarket focus, but operating at dramatically greater scale and capital base.
• Invitation Homes: Publicly traded single-family rental operator with national Sun Belt exposure including Florida. Comparable to Agador's BTR target renter and Florida geography, but functions as an institutional owner-operator rather than an active developer.
• American Homes 4 Rent: Publicly traded single-family rental REIT with substantial Sun Belt BTR development pipeline. Comparable to Agador in BTR/SFR tenant target, though it operates at institutional scale as an owner-operator rather than a development-led platform.

Direct peers

• RangeWater Real Estate: Multifamily and Build-To-Rent developer active across the Sun Belt. Comparable to Agador in product type, target renter demographic, and pipeline-driven growth strategy in similar geographies.
• The Related Group: One of the largest Florida-based real estate developers with deep multifamily and mixed-use focus. Directly comparable to Agador for submarket overlap (South and Central Florida) and BTR/multifamily product mix, though at materially greater scale.
• Crescent Communities: Multifamily and Build-To-Rent developer operating across the Southeast U.S. Comparable to Agador in BTR/multifamily product mix and asset-class diversification into hospitality-adjacent product.
• Mill Creek Residential: National developer focused on Build-To-Rent single-family communities and multifamily. Closely comparable business model to Agador's BTR/multifamily core, with similar placemaking and community branding emphasis.
• GID Investment Advisers: Vertically integrated real estate operator with multifamily development and investment management. Comparable to Agador in combining development, asset management, and investor capital-raising functions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ASDEVGROUP_
• Facebookfacebook.com/asdevg
• LinkedInlinkedin.com/company/agador-spartacus-development
• Instagraminstagram.com/asdevgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Agador Spartacus Development