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Timbers, Wheelock Street Capital And Ronto Group Announce Joint Acquisition Of Iconic South Seas Island Resort

Winter Park, Fla. (September 30, 2021) – Timbers Company, Wheelock Street Capital and The Ronto Group are pleased to announce the joint acquisition of South Seas Island Resort on Florida’s Gulf Coast. The notable acquisition of this historic property supports Timbers Company’s continued plans for growth as announced earlier this year. “At Timbers Company, we […]

Historic resort sold to trio of companies, two with Florida ties

From The Business Observer CAPTIVA — South Seas Island Resort, a historic Florida tourist destination dating back to 1946, has been sold to a group of companies with mostly local ties for an undisclosed amount. The three companies — Timbers Co., Wheelock Street Capital and The Ronto Group — that bought the 330-acre resort come […]

Introducing Rosewood Residences Lido Key

The Prestigious Development in Sarasota, Florida Marks the Brand’s First-Ever Stand-Alone Residential Project Rosewood Hotels & Resorts® is pleased to announce Rosewood Residences Lido Key, the brand’s first stand-alone residential project spearheaded by luxury real estate developer, The Ronto Group and real estate investment firm, Wheelock Street Capital. Situated along one of the country’s most beautiful […]

Hotel group’s first stand-alone residential project heads to Lido Key

From The Business Observer LIDO KEY — A 65-unit condominium is making its way to Lido Key in 2025.  Rosewood Residences Lido Key is Rosewood Hotels and Resort’s first stand-alone residential project. The condo project, a short walk from St. Armands circle, will be spearheaded by Naples-based luxury real estate developer The Ronto Group and […]

With $42 million in sales booked, developer begins construction of luxury tower

From The Business Observer TAMPA — Construction has begun on a 23-story luxury condominium complex on Tampa’s Bayshore Boulevard that’s already exceeded $42 million in sales. The first stage of construction, which began this week, will encompass the first of two major structures slated for the property, according to a statement from the developer, The […]

Ronto Group adds to Lido Beach site

From The Business Observer The Ronto Group, as part of a plan to develop a five-star, hotel-branded condominium tower in Sarasota, acquired the Coquina on the Beach hotel on June 1 for $15 million, property records show. The acquisition of the 34-unit, three-building Coquina property, at 1008 Benjamin Franklin Dr., comes five months after the […]

Ronto Group begins contract conversions in Tampa

From Business Observer Altura Bayshore tower reservations have exceeded demand, developer says, as required state documents are filed. The Ronto Group has hit an important milestone with its planned 22-story Altura Bayshore condominium tower in Tampa by beginning to convert buyer reservations into sales contracts. The Naples-based developer also has filed required condominium documents with […]

Coming Soon – Infinity At The Colony

The Ronto Group, in partnership with Wheelock Capital, announced it will be building two new condominium high-rise towers at The Colony at Pelican Landing in Bonita Springs. The award-winning developer expects to begin pre-construction sales on the first of the two towers in late 2021 or early 2022. The on-site sales center is expected to […]

Ronto Group begins contract conversions in Tampa

From The Business Observer The Ronto Group has hit an important milestone with its planned 22-story Altura Bayshore condominium tower in Tampa by beginning to convert buyer reservations into sales contracts. The Naples-based developer also has filed required condominium documents with the state for the project, which mandate the project be delivered within a set […]

Long view: Developer sees post-lockdown surge of activity as trends converge

From The Business Observer Ronto Group, a privately held Naples-based developer of luxury condo towers up and down the Gulf Coast, planned the 22-story Altura Bayshore well before the coronavirus pandemic changed life as we know it. But in retrospect, the building’s design and amenities seem almost prescient.  Designed by Curts Gaines Hall Jones Architects, […]

Developer begins sales of new luxury condo tower units

From The Business Observer TAMPA — The Ronto Group, a Naples-based property developer, has opened a sales center on the site of its latest project: Altura Bayshore, a 22-story, 73-unit luxury condo tower that will overlook South Tampa’s iconic Bayshore Boulevard. According to a press release, Ronto Group has developed a virtual-reality video preview of the […]