THE ST. JOE COMPANY

“We began executing purchase agreements on day one,” stated Bridget Precise, Senior Vice President of Residential Real Estate for St. Joe. “Demand was extremely high and the response to the online-only process was very positive. We anticipate a second online release of 38 homesites this spring.” 

“The formation of Watersound Insurance aligns with St. Joe’s strategy of vertically integrating to create new recurring revenue streams,” said Jorge Gonzalez, President and CEO of St. Joe. “Watersound Insurance is positioned to grow locally and regionally and gives the company another opportunity to diversify our portfolio of revenue producing assets.”

“This continued industry recognition is a testament to the tremendous amount of work, dedication and attention to detail that goes on behind the scenes. We’re proud of and grateful for our teams at WaterColor Inn and The Pearl Hotel for consistently surpassing the rigorous benchmarks of our industry and creating memorable guest experiences,” said Andrew Czarnecki, Managing Director for St. Joe Hospitality. 

“Our growing portfolio of apartment communities aligns with our strategic plan of developing assets that create new streams of recurring revenue,” said Jorge Gonzalez, President and CEO of St. Joe. “The leasing activity that we’ve seen to date is very encouraging and a positive indicator for our future plans in the apartment community market.”