Backstreets Capital

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