Crow Holdings Acquires 210-Unit Mosaic Westshore in Strategic Tampa Expansion
Crow Holdings has purchased the 210-unit Mosaic Westshore in Tampa, Florida. The deal was supported by a $38 million loan from Walton Street Capital.
By: AXL Media
Published: Mar 11, 2026, 4:31 AM EDT
Source: https://www.multihousingnews.com
The Transaction and Financing Structure
The acquisition of Mosaic Westshore was backed by a short-term debt package totaling $38 million. Public records from Hillsborough County indicate that the loan from Walton Street Capital is set to mature in 2029, though it includes extension options that could push the maturity to 2031. This financing structure provides Crow Holdings with a flexible window to execute its management strategy. MetLife had previously held the asset since 2013, when it purchased the property from UBS Realty Investors for $43 million—roughly $204,760 per unit at the time.
Strategic Location and Connectivity
Situated at 110 S. Hoover Blvd., Mosaic Westshore occupies a premier infill location within Tampa’s Westshore Business District. The property is positioned less than two miles from Tampa International Airport and within six miles of the downtown core. Its proximity to the WestShore Plaza retail center and immediate access to Interstate 275 makes it a highly desirable location for the region's professional workforce, providing a competitive edge in tenant attraction and retention.
TRANSFORMATIVE ANALYSIS: Strategically, the Westshore submarket acts as a vital commercial hub, housing more office space than downtown Tampa. By acquiring a stabilized asset in this specific corridor, Crow Holdings is positioning itself to benefit from the "flight to quality" among renters who prioritize proximity to major employment centers and transit infrastructure. As the Tampa metro area continues to see corporate relocations, infill assets like Mosaic Westshore offer a defensive hedge against the volatility of more outlying suburban submarkets.
Asset Profile and Community Amenities