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 privately held family office and real estate investment firm founded in 2016. Headquartered in St. Petersburg, Florida, the company has completed 10 years of continuous operation under the joint leadership of the Conroy and Sher families. The boutique enterprise maintains a specialized execution team consisting of approximately 2 to 10 employees. The corporation concentrates its business model entirely on urban infill residential development, specializing in the design and construction of mid-rise condominiums, luxury townhomes, and historic preservation projects. Its operational framework manages the complete development lifecycle, navigating site acquisition, municipal entitlement, construction oversight, and final asset sales. The organization's geographical investment footprint is focused entirely within the Tampa Bay region of Florida, with a heavy asset concentration in downtown St. Petersburg. The firm's residential portfolio features a mix of completed and active projects totaling over 120 residential units. Notable completions include the 13-story, 74-unit Salvador condominium tower and the 8-unit gated St. James Townhomes, complemented by active pipelines like the 7-story, 15-unit Cade development and an 18-unit luxury condominium project on Mirror Lake Drive.

Principals at Backstreets Capital