13th Floor Investments develops and manages residential, multifamily, single-family, condominium, commercial, industrial, office, retail, and mixed-use real estate, mainly across Florida and the Southeast, for individual and institutional investors and housing consumers.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Solera at Avalon TrailsDelray Beach74 units | 10.0/ 10 | —/ 10 | 10.0/ 10 |
Google Reviews/Maps provides the largest review base at 5/5 from 24 reviews, which converts to 10/10 under the specified curve. Apartments.com and ApartmentRatings also publish 5/5 resident ratings, while the written feedback contains no reported negative or mixed experiences; detailed structure scoring remains unevidenced. | |||
The published reviews describe the community as “well-maintained” and the villas as having “modern finishes,” but they do not provide detailed resident evidence about plumbing, HVAC, electrical systems, leaks or waterproofing. The property listing separately identifies hurricane-resistant windows and doors, but that is an amenity/specification claim rather than a resident review of performance. | Residents consistently report strong day-to-day operations: “Management is on top of all our needs, fast to take care of any issues that pop up,” while another review says staff are “attentive, professional, and always eager to help.” Other published comments describe the setting as quiet, welcoming and community-oriented, with monthly gatherings and shared clubhouse and pool amenities. | ||
| Tredici at Central ParkPort St. Lucie220 units | 9.4/ 10 | —/ 10 | 5.6/ 10 ApartmentRatings 2.7/5, 3.7/5, 3.3/5, 2.3/5, 3/5 · 3 reviews · apartmentratings.com Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 5.6. |
Google Reviews/Maps provides the largest published review base at 18 reviews and sets the level at 4.8/5, which converts to 9.4/10 under the specified curve. ApartmentRatings is materially lower but has only three reviews, so it cannot qualify as a dissenting platform under the ten-review rule; the available complaint themes are not recurring under the required threshold. | |||
no notes returned no links returned | Published reviews are strongly positive about day-to-day staff: one resident said the team “answer[s] the phone, return[s] calls, follow[s] up,” while another described Luis as “punctual, professional, and incredibly knowledgeable.” The negative material is concentrated in exterior upkeep and convenience: one reviewer reported “dead grass everywhere,” smelly trash containers and cars blocking the only walkway, while ApartmentRatings published low grounds and safety sub-scores of 2.7/5 and 2.3/5. | ||
| Villas of TorinoPort St. Lucie126 units | 9.4/ 10 | —/ 10 | 9.4/ 10 |
Google’s building-specific 4.7/5 aggregate from 58 reviews is the largest qualifying review base and converts to 9.4/10 under the supplied curve. The written feedback is strongly positive overall, but the isolated office-access and construction-quality complaints do not qualify as recurring themes under the stated adjustment rules. | |||
Published reviews provide little direct evidence about physical systems. One Point2Homes resident said the “buildings itself are nice but very cheaply made”; another reported that an entrance-door battery failure was promptly repaired and the system recalibrated, but these are isolated observations rather than recurring structural findings. | Daily-life feedback is mostly favorable: residents describe the community as “peaceful and welcoming,” say the staff are “amazing,” and report that the property is “always well-maintained.” The counterevidence includes a resident saying the office staff were “extremely rude and hard to get in contact with,” while Google’s review summary also records a complaint that the company does not provide pest control or 24-hour maintenance. | ||
| Core at LinkMiami312 units | 9.2/ 10 | 7.8/ 10 RentCafe 4.5/5 · 31 reviews · rentcafe.com RentCafe publishes 4.5/5 from 31 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.8. | 7.5/ 10 RentCafe 3.5/5, 4.5/5, 4.5/5, 4.5/5, 4.5/5, 4.5/5, 4.5/5 · 31 reviews · rentcafe.com Combined from 7 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.5. |
Apartments.com provides the largest resident review base reported here, with a 4.8/5 blended building rating from 30 reviews, converting to 9.4/10 under the requested curve. RentCafe is directionally consistent at 4.5/5 from 31 reviews, while the written evidence is strongly positive but includes several operational complaints; those themes move the result modestly to 9.2. | |||
no notes returned no links returned | Residents frequently describe staff as “very friendly and responsive,” with maintenance acting “quickly and professionally,” and praise the clean amenities, rooftop pool, gym and quiet halls. Counterevidence includes a resident saying silverfish were “everywhere,” another reporting pet urine and trash in common areas, and a complaint that package problems affected many residents without proactive management action. | ||
| The BoulevardMiami282 units | 8.8/ 10 | 8.3/ 10 ApartmentRatings / epIQ 4.8/5 · 31 reviews · apartmentratings.com ApartmentRatings / epIQ publishes 4.8/5 from 31 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.3. | 8.5/ 10 ApartmentRatings / epIQ 4.5/5, 4.8/5, 4.7/5 · 31 reviews · apartmentratings.com ApartmentRatings / epIQ 4.9/5 · 108 reviews · apartmentratings.com Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.5. |
ApartmentRatings / epIQ has the largest review base and sets the level at 4.7/5, converted to 9.1/10 under the specified curve. Google’s lower 4.3/5 result and the recurring operational complaints pull the resident-experience score down, while repeated praise for staff, cleanliness and maintenance supports a still-high result. Structure is scored only from the reported building-condition feedback, not from absent engineering evidence. | |||
Residents commonly describe the property as “clean and well-maintained,” with “modern design with high end appliances and fittings,” and several say maintenance is handled quickly. The evidence is not uniformly positive: one review says “the walls are so thin” that relaxing or working from home is difficult, and another reports that treadmill belts are not kept tight; no published evidence of major structural failure, flooding or building-system collapse was found. | Day-to-day feedback is predominantly favorable: residents call staff “very attentive and cordial,” say common areas are clean, and report maintenance requests are handled “quickly and professionally.” The negative accounts are meaningful but mixed with the praise: reviewers describe noise and a chaotic garage, while another says management communication can be “overwhelming or inconsistent” and a prospect reported no follow-up after a tour. | ||
| Cold-Link Logistics Sioux City cold-storage expansionSioux City | 7.9/ 10 | —/ 10 | 7.9/ 10 |
The Google Reviews/Maps aggregate of 4.3/5 from 101 reviews sets the level; using the specified conversion curve gives an anchor of approximately 7.9/10. The written feedback supports strong staff and unloading performance but also shows recurring operational inconsistency around appointments and loading, producing only a small net adjustment. Structural systems are not scored because no resident or review-platform structural rating was found. | |||
no notes returned no links returned | Operational reviews are mixed: one driver wrote that staff were “excellent in directions and assistance” and unloading took about 30 minutes, while another said the appointment was at 1 p.m. but the truck did not reach a door until 4 p.m. Other reviewers praised “super friendly and polite staff,” fast unloading and overnight parking, but also described missed appointment timing and slower loading. | ||
| SavioDelray Beach420 units | 7.5/ 10 | 5.9/ 10 ApartmentRatings 3.3/5 · no review count · apartmentratings.com ApartmentRatings publishes 3.3/5 with no review count. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 5.9. | 6.0/ 10 ApartmentRatings 3/5, 3.8/5, 3.5/5, 3.3/5 · no review count · apartmentratings.com Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6. |
Bozzuto’s building-level resident aggregate of 4.2/5 from 275 ratings sets the level and converts to 7.6/10. The score is adjusted modestly downward for repeated management, noise, pest, water-damage and safety complaints, with some offset from repeated praise for staff, maintenance and amenities. | |||
Structural feedback is mixed. One resident reported that a utility-closet pipe had burst four times in six months, with warped floors and apparent mold, while another described an upstairs leak saturating multiple floors; a separate review said the walls and floors were “paper thin” and that elevator sounds and conversations were audible inside the unit. | Residents praise individual staff members and quick maintenance—for example, one wrote that David and Adrian arrived “within an hour,” and another said the common areas were spotless. The negative accounts describe unanswered calls and emails, pest problems, garbage odor, limited security after a reported shooting, and amenities that were sometimes closed or malfunctioning. | ||
| The Reserve at Coconut PointEstero180 units | 6.8/ 10 | —/ 10 | 6.3/ 10 |
ApartmentRatings has the larger published resident-review base, so its 3.7/5 rating sets the level; using the supplied curve and the small-sample constraint gives an anchor of 6.4/10. The mixed written evidence then supports a slight downward net adjustment, while no separate structure score is assigned because the structural reports are anecdotal and not a published building-condition rating. | |||
The physical evidence is mostly resident anecdote rather than an engineering assessment. One ApartmentRatings reviewer reported “Several residents have mold issues,” while another described cockroaches, gym A/C and equipment problems, broken dog-park locks, and recurring SmartLock lockouts; these are reported conditions, not independently verified defects. | Daily-life reviews are sharply mixed. Positive reviewers called the staff “awesome to work with,” praised the “great location and beautiful facilities,” and described staff as helpful and responsive; negative reviewers reported sudden rent increases, parking charges, pest problems and unresolved management issues, including that problems were “passed on” for months. | ||
| Cascade at LinkMiami421 units | 6.0/ 10 | 3.8/ 10 | 4.5/ 10 |
The 3.1/5 resident rating based on 10 reviews is the only reported rating meeting the minimum review threshold and converts to approximately 4.3/10 under the supplied curve. The score is then reduced for repeated severe water/flooding reports and a serious elevator report, partly offset by recurring praise for maintenance, staff and amenities. The physical-condition evidence is resident-reported and concentrated in 2023–2025, so the current status of remediation as of October 14, 2026 remains uncertain. | |||
Residents reported substantial physical-system problems, including “constant water damage in over 90 units,” soaked floorboards, mold in walls and furniture damage from leaks whenever it rains. Another review says the building had to redo damaged floors after flooding and that nearly the entire building had to move out after one day of heavy rain; a separate resident reported being stuck in the elevator twice. These are resident reports, not an independent engineering finding, and the evidence is concentrated in 2023–2025 reviews. | Positive reviews describe “responsive” maintenance, friendly staff, a spotless amenities floor, resident events and a convenient location by Metrorail and Milam’s. Negative reviews report delayed or ignored management responses, chaotic parking, weak security, silverfish, noise and an unsafe-feeling environment; the published reviews therefore show a materially divided day-to-day experience. |
The company states that it is developing Link at Douglas in partnership with The Adler Group.
The company states that Parks at Delray was acquired in partnership with Key International.
The company states that Parks at Delray was acquired in partnership with CDS International Holdings.
The company states that Parks at Delray was acquired in partnership with Wexford Capital.
Barings states that it continued collaboration with 13th Floor Investments and Adler Group on Link at Douglas.
The company states that Town Aventura was acquired in partnership with The Related Group.
The company’s Link at Douglas financing coverage states that the site was leased from Miami-Dade County.
Project coverage states that Santander Bank provided a leasehold mortgage for Cadence at Link at Douglas.
Project coverage states that TD Bank provided a leasehold mortgage for Cadence at Link at Douglas.
13th Floor Investments, in partnership with The Adler Group, is developing Link at Douglas
In January 2019, 13th Floor Investments, in partnership with Key International, CDS International Holdings, and Wexford Capital, acquired 25.1 acres
In January 2019, 13th Floor Investments, in partnership with Key International, CDS International Holdings, and Wexford Capital, acquired 25.1 acres
In January 2019, 13th Floor Investments, in partnership with Key International, CDS International Holdings, and Wexford Capital, acquired 25.1 acres
We look forward to continued collaboration with our partners, 13th Floor Investments and Adler Group, on this project.
In January 2025, 13th Floor Investments, in partnership with The Related Group, acquired Town Aventura
the developers leased the site from Miami-Dade County
Santander Bank and TD Bank provided the leasehold mortgage to the developers.
Santander Bank and TD Bank provided the leasehold mortgage to the developers.
| COMPANY NUMBER | L04000020710 Florida Department of State, Division of Corporations · US · ACTIVE |
| United States | active 10 projects tracked |
| Residential, for rent | 8 of 10 |
| Retail | 2 of 10 |
| Industrial | 1 of 10 |
| Mixed use | 1 of 10 |
| Residential, for sale | 1 of 10 |
We bought our first flagship deal in 2008, and that’s kind of ... I think about the beginning of the business.Commercial Observer January 24, 2024https://commercialobserver.com/2024/01/13th-floor-investments-arnaud-karsenti-interview/
dual degree in Mechanical Engineering and Economics
Duke University
MBA
Harvard Business School
| EMAIL | info@13fi.com |
Arnaud Karsenti Managing Principal
13th Floor Investments
Executive board, Greater Miami Jewish Federation
Collegeboxes
We bought our first flagship deal in 2008, and that’s kind of ... I think about the beginning of the business.
#### Arnaud Karsenti Managing Principal
Karsenti is the firm’s Managing Principal and is responsible for the general direction of its investment strategy and overall capitalization. He founded Collegeboxes before founding 13th Floor and holds engineering/economics degrees from Duke plus an MBA from Harvard.
Founder
20+ yrs real estate
Duke engineering/economics
Harvard MBA
#### Managing Principal
At 13th Floor Investments, we welcome the conservative lending approach because it’s another buffer to prevent the next downturn from being like the last one.CoStar News April 2020https://13fi.com/storage/uploads/news/pdf/202004272019468747002n8Mm.pdf
bachelor’s degree
University of Florida
| EMAIL | dshevin@13fi.com |
Daryl A. Shevin Chief Financial Officer, Principal
13th Floor Investments
White Barron Asset Management
United Capital Asset Management
Kaufman, Rossin & Co.
At 13th Floor Investments, we welcome the conservative lending approach because it’s another buffer to prevent the next downturn from being like the last one.
#### Daryl A. Shevin Chief Financial Officer, Principal
joined 13th Floor in 2010
Shevin is CFO and Principal, overseeing financial, operational and accounting matters, debt and equity structures, and investor relations. Before joining in 2010 he was CFO/COO of White Barron Asset Management and earlier held fund-accounting roles; he is a CFA charterholder with a University of Florida finance degree.
CFO
Principal
CFA
25+ yrs finance
#### Chief Financial Officer, Principal
The winners will be developers that are versatile and agile enough to build across asset classes and create large-scale mixed use projects encompassing retail, office, hotel and residential components.GlobeSt.com April 13, 2017https://13fi.com/storage/uploads/news/pdf/20200427200845019500ve9GX.pdf
associate degree in Criminal Justice
Not stated
| EMAIL | rmelendi@13fi.com |
Rey Melendi Chief Operating Officer, Principal
13th Floor Investments
Board of Directors, Builders Association of South Florida
Rialto Capital Management LLC
Lennar Corporation
The winners will be developers that are versatile and agile enough to build across asset classes and create large-scale mixed use projects encompassing retail, office, hotel and residential components.
#### Rey Melendi Chief Operating Officer, Principal
joined 13th Floor in 2012
Melendi is COO and Principal, overseeing development, construction and operational asset management. He previously led REO at Rialto Capital Management and held senior construction, land and government-affairs roles at Lennar over more than 17 years; he also served as president and remains a board member of the Builders Association of South Florida.
COO
Principal
ex-Lennar
ex-Rialto Capital
17+ yrs at Lennar
#### Chief Operating Officer, Principal
Parks at Davie underscores our commitment to creating a meaningful, lasting change in South Florida by delivering a project with exceptional finishes and thoughtfully designed open space amenities.Multi-Housing News March 18, 2025https://www.multihousingnews.com/13th-floor-lands-south-florida-financing/
Civil Engineering
University of Florida
MBA
Harvard Business School
| EMAIL | astolear@13fi.com |
Aaron Stolear President of Development
13th Floor Investments
ExxonMobil Development Company
Parks at Davie underscores our commitment to creating a meaningful, lasting change in South Florida by delivering a project with exceptional finishes and thoughtfully designed open space amenities.
#### Aaron Stolear President of Development
Aug 2023 - Present
Stolear leads the development team and the firm’s public-private partnership platform, including sourcing and execution of PPP projects. Before 13th Floor he worked in project management and execution at ExxonMobil on infrastructure projects in Angola and Iraq; he has a University of Florida civil-engineering degree and a Harvard MBA.
Head of development
P3/PPP
ex-ExxonMobil
Harvard MBA
Civil engineering
#### President of Development
B.S. in Economics
University of Florida
M.S. in Real Estate Development
Columbia University
| EMAIL | mnunziata@13fi.com |
Michael Nunziata President, 13th Floor Homes Principal
13th Floor Investments
Past president and active board member, Gold Coast Builders Association
Member, Urban Land Institute
Member, National Association of Home Builders
SunTrust Bank
#### Michael Nunziata President, 13th Floor Homes Principal
joined 13th Floor in 2009
Nunziata is President of 13th Floor Homes and a Principal, leading the homebuilding subsidiary through acquisition, entitlement, development, construction and sales. He began at SunTrust Bank in commercial real-estate finance and holds degrees from the University of Florida and Columbia; he is also a past president and active board member of the Gold Coast Builders Association.
Subsidiary president
Principal
ex-SunTrust
Columbia MSRED
Homebuilding
#### President, 13th Floor Homes Principal
Industrial Engineering
Penn State University
MBA
Harvard Business School
| EMAIL | ywainberg@13fi.com |
Yair Wainberg Chief Investment Officer
13th Floor Investments
Property Markets Group
J.P. Morgan Private Bank
LAN Cargo
#### Yair Wainberg Chief Investment Officer
Aug 2026 - Present
Wainberg is the Chief Investment Officer, after joining 13th Floor in 2017 as Associate Vice President of Acquisitions. Before that he was a director at Property Markets Group, worked in J.P. Morgan Private Bank and held a revenue-management role at LAN Cargo; he has Industrial Engineering and Harvard MBA credentials.
CIO
ex-Property Markets Group
ex-J.P. Morgan Private Bank
Harvard MBA
Industrial engineering
#### Chief Investment Officer
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tredici at Central Park | Port St. Lucie, United States | residential for rent | 2201 | — | — | — | — | — | — | Jun 2024 – Aug 2024 | Aug 2025 | +13.0 mo (+12.0 to +14.0) | estimated | completed |
| Villas of Torino | Port St. Lucie, United States | residential for rent | 1261 | — | — | — | — | 2023 | December 15th, 2023 | Mar 2024 – May 2024 | Aug 2025 | +16.0 mo (+15.0 to +17.0) | estimated | completed |
| Savio | Delray Beach, United States | residential for rent | 4201 | — | — | — | — | 2022 | November 28, 2022 | Apr 2024 – Jun 2024 | May 2025 | +12.0 mo (+11.0 to +13.0) | sourced | completed |
| Solera at Avalon Trails | Delray Beach, United States | residential for rent | 741 | single-story | — | — | — | 2023 | late 2023 | Jan 2024 – Dec 2024 | Apr 2025 | +9.5 mo (+4.0 to +15.0) | estimated | completed |
| Cold-Link Logistics Sioux City cold-storage expansion | Sioux City, United States | industrial | — | — | — | — | — | — | — | — | Jan 2025 | — | not scorable | completed |
| Cascade at Link | Miami, United States | residential for rent, retail | 4211 | 37 | — | — | — | 2020 | February 2020 | — | Jan 2023 | — | not scorable | completed |
| The Reserve at Coconut Point | Estero, United States | residential for rent | 1801 | 4 | — | — | — | 2020 | 04/28/2020 | Aug 2021 | Mar 2022 | +7.0 mo (+7.0 to +7.0) | sourced | completed |
| The Boulevard | Miami, United States | residential for rent, mixed use | 2821 | 8 | — | — | — | 2020 | January 11, 2020 | — | Jan 2022 – Dec 2022 | — | not scorable | completed |
| Core at Link | Miami, United States | residential for rent, retail | 3121 | 22 | — | — | — | 2019 | April 2019 | Aug 2021 | Jun 2021 – Aug 2021 | −1.0 mo (−2.0 to 0.0) | sourced | completed |
| Hidden Trails | Tamarac, United States | residential for sale | 2141 | — | — | — | — | — | — | — | Jan 2021 – Dec 2021 | — | not scorable | completed |
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 14, 2026 this month |
| Profile last researched | October 14, 2026 |
| Claim |