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Backstreets Capital

St. Petersburg, FL 2–10 employees 5 principals

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Last updated 1d ago

About Backstreets Capital

Backstreets Capital is a real estate operator headquartered in St. Petersburg, FL. Backstreets Capital operates in Tampa - St. Petersburg, Florida. Its investment focus is on Condominiums, Multifamily - Core and Single-Family Homes.

Backstreets Capital is a private real estate investment firm and family office founded in 2016 by the Conroy and Sher families. Headquartered in St. Petersburg, Florida, the firm has operated for 10 years, managing acquisitions, entitlements, construction, and asset sales with a core team of approximately 2 to 10 employees. The firm focuses its real estate strategy on urban infill multi-family housing, luxury townhomes, mid-rise condominium towers, and historic preservation projects. Its core operational model concentrates on transforming underutilized urban properties into high-density residential and mixed-use communities across the Tampa Bay area, with an emphasis on downtown St. Petersburg. The enterprise controls a regional residential portfolio comprising over 120 units across completed and active developments. Its landmark projects include The Salvador (a 13-story, 74-unit green-certified condominium tower), the 8-unit St. James Townhomes, and active downtown developments such as The Cade (a 7-story, 15-unit luxury condominium building paired with the historic restoration of the 1930s Cade Allen House).

Principals at Backstreets Capital

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5 principals on file

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Recent activity at Backstreets Capital

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Backstreets Capital's project portfolio

No projects on file for Backstreets Capital yet.

Markets and themes

Markets Backstreets Capital operates in

  • Tampa - St. Petersburg, Florida

Investment themes at Backstreets Capital

  • Condominiums
  • Multifamily - Core
  • Single-Family Homes

Capabilities

  • High-Rise
  • Mixed Use
  • Site Development
  • Sustainability
  • Urban infill

Operators similar to Backstreets Capital

  • Strada Investment Group
    Mid-market tierMultifamily - CoreSingle-Family Homes+1 more theme
  • Grand/Sakwa Properties, LLC
    Mid-market tierMultifamily - CoreSingle-Family Homes+1 more theme
  • Bandar Development
    Mid-market tierMultifamily - CoreCondominiums+1 more theme
  • Poverni Sheikh Group
    Mid-market tierTampa - St. Petersburg, FloridaSingle-Family HomesCondominiums
  • Sharp Key Capital
    Mid-market tierTampa - St. Petersburg, FloridaMultifamily - CoreCondominiums
  • HAL Real Estate
    Mid-market tierMultifamily - CoreSingle-Family Homes+1 more theme
  • Lock7 Development
    Mid-market tierMultifamily - CoreCondominiums+1 more theme
  • Reger Holdings
    Mid-market tierTampa - St. Petersburg, FloridaSingle-Family HomesCondominiums
  • Three Leaf Partners
    Mid-market tierMultifamily - CoreSingle-Family Homes
  • Sunstone Two Tree
    Mid-market tierTampa - St. Petersburg, FloridaSingle-Family Homes

Frequently asked questions about Backstreets Capital

What does Backstreets Capital do?
Backstreets Capital is a private real estate investment firm and family office founded in 2016 by the Conroy and Sher families.
Where is Backstreets Capital based?
Backstreets Capital is headquartered in St. Petersburg, FL.
What markets does Backstreets Capital operate in?
Backstreets Capital is active in Tampa - St. Petersburg, Florida.
How many employees does Backstreets Capital have?
Backstreets Capital has 2–10 employees.
Backstreets Capital cover image

Backstreets Capital at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units managed
<1,000
Property mgmt
Third-Party Managed
Markets
1
Principals
5

Contact Backstreets Capital

2600 1st Ave N, St. Petersburg, FL 33713, USA
backstreetscapital.com