Loci Capital Exits Prose Stevens Pointe in Recap

Loci Capital has completed a strategic recapitalization exit for Prose Stevens Pointe, a 264-unit workforce apartment community at 3010 Camber Drive in St. Cloud, Florida, within the Stevens master planned community in Osceola County near Orlando. The property sits on a 10.9-acre site.

At acquisition, the land was fully entitled and substantial site work was already completed, supporting Loci’s basis-driven margin-of-safety approach. The investment thesis targeted attainable rents relative to typical new construction in the submarket. Loci completed a recapitalization transaction in Q4 2025 that provided a full exit to Fund I investors.