April 7, 2026 – Journey Capital, a national real estate investment firm, acquired The Rise Flagler Village, a 2020 vintage, 31-story, 348-unit multifamily property located in Fort Lauderdale, FL within the rapidly growing Flagler Village neighborhood in the City’s urban core. The Property sits walking distance to Fort Lauderdale’s central business district and provides strong connectivity to regional transportation networks. Peter Calatozzo, Managing Partner, and Josh Kogel, Managing Director announced the acquisition. The Rise Flagler acquisition represents Journey Capital’s eighth multifamily acquisition in Florida and second acquisition in Broward County (greater Fort Lauderdale metro).
“We are excited to add The Rise Flagler Village to our Florida portfolio of over 2,800 units and expand our presence in Broward County. We have a high level of conviction in this submarket as recent deliveries have been well absorbed and demand fundamentals remain strong,” said Peter Calatozzo. “The Rise Flagler is exactly the kind of irreplaceable asset we seek; a signature tower in a neighborhood on the cusp of becoming Fort Lauderdale's next great address.”
“The Rise Flagler Village is a trophy asset that complements our broader investment thesis,” said Josh Kogel. “The Property’s condo-level finishes, proximity to employment centers and transportation hubs, and relative affordability to the adjacent Las Olas neighborhood act as major differentiators among the competitive set. Flagler Village is poised to become Fort Lauderdale’s next growth center – within walking distance of The Rise Flagler Village, there are three luxury condo buildings under construction along with a $500MM mixed-use development slated to deliver 250,000 square feet of Class A office and retail space. Fort Lauderdale employment fundamentals remain strong and residents have close access to major employers including Truist Financial, AutoNation, PWC, PNC Bank, and Citrix.”
The Property comprises a 31-story elevator-served building with 4,200 square feet of ground-floor retail and an adjacent, seven-story, 447-space parking garage. The community provides residents with modern unit interiors and an extensive amenity set. Apartment interiors feature luxury vinyl plank flooring, spacious walk-in closets, fully equipped gourmet kitchens with stainless steel appliances, smart-home thermostats, expansive private patios and balconies, full-size washers and dryers, ocean views, and floor-to-ceiling windows. The community amenities include a heated saltwater pool with private cabanas, fitness center with a yoga studio, rooftop lounge with daybeds, community garden with a bar and lounge seating, a dog park and pet spa, and a clubroom with co-working space.
About Journey Capital
Journey Capital is a real estate investment manager that utilizes a comprehensive data driven approach to identify attractive investment opportunities with the objective of optimizing value for investors. We believe that demographic trends and structural shifts to behavioral patterns will drive demand for multifamily real estate across various US markets. We seek to capitalize on this investment thesis in markets where we have a high level of conviction. Journey Capital acquires and manages multifamily properties throughout the United States. For more information, please visit www.journeycapitalrealestate.com.
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Journey Capital Acquires Knightsbridge at Stoneybrook in Orlando, Florida
Journey Capital, a New York-based real estate investment platform focused exclusively on institutional-quality multifamily acquisitions, today announced the acquisition of Knightsbridge at Stoneybrook, a 396-unit multifamily community located in Orlando, Florida within the East Orange County submarket.
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