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Rockpoint and Morgan Group Launch Urgent 450-Unit Project in Florida

BREAKING NEWS: Rockpoint and the Morgan Group have just announced a major joint venture to develop a new multifamily community, Caroline at Sunrise, in Fort Lauderdale’s Sunrise submarket. This ambitious project will feature 452 units of apartments and townhomes spread across 21 acres, promising a vibrant living experience for residents.

The developers describe Caroline as a garden-style community that will include a plethora of modern amenities. Residents can expect a two-story clubhouse, a state-of-the-art fitness center, a serene yoga studio, a refreshing pool, co-working spaces, and even a pet spa with a dog park. This project is set to cater to a growing demand for community-focused living in the area.

Dan Domb, managing member and COO at Rockpoint, expressed enthusiasm about the venture, stating,

“We are excited to make this investment on behalf of our limited partners. We continue to see positive demand dynamics in select Florida submarkets, including a shift in tenant preferences towards community-based living.”

He emphasized that Caroline at Sunrise will offer a unique living experience for those who value accessibility to urban centers while enjoying the quintessential resort-style lifestyle Florida is known for.

Construction is scheduled to kick off in early 2026, with some units anticipated to be ready by 2027. The timing of this project is critical, as demand for housing in Florida continues to surge amid shifting demographics and lifestyle preferences.

This development comes at a pivotal moment for Fort Lauderdale, where the need for sustainable and community-oriented housing solutions is becoming increasingly urgent. As more individuals seek to relocate to Florida for its appealing lifestyle, Caroline at Sunrise aims to meet this rising demand head-on.

Stay tuned for further updates as construction progresses and more details emerge about this exciting new addition to the Fort Lauderdale community.

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