"This asset class is becoming a safe haven for domestic and foreign capital and the market should remain strong."

"Even in a recession, people are still going to buy tobacco, energy drinks, fuel, beer, wine, snacks and all of that stuff."

"Cape Coral has been one of the country's fastest growing cities for the past few years."

The company structured $50.2 million in financing for the 305-unit apartment building.

"Tampa has been one of the darlings in the Southeast amongst institutional capital this cycle."

The companies say they will add value through a leasing strategy, building enhancements and the future ground-up medical office component.

They are succeeding in a male-dominated field as the U.S. Dept. of Labor estimates only about 10 percent of workers in construction are women.

The area is a somewhat unique multifamily market in that it is experiencing robust employment, income and demographic growth, but has not been oversaturated with Class A multifamily development, says Hunt's Chad Hagwood.