About
Inlet Property Company (IPC) is a boutique real estate development company based in Vero Beach, FL, specializing in ground-up multifamily development throughout the southeastern United States.
Leadership
Tommy Ciserano | Founder & President
Mr. Ciserano formed Inlet Property Company (IPC) in 2019 with the purpose of creating an entrepreneurial real estate development platform with a core focus on ground-up multifamily development. He has over 15 years of experience across multiple institutional property classes and has participated in the valuation and development of over $2 billion of real estate.
Mr. Ciserano has served in executive positions within local real estate investment and development companies. Of which, he has participated in the development and investment of over 2,000 multifamily units and nearly 400,000 square feet of office and retail repositioning.
In years prior, Mr. Ciserano practiced as a commercial real estate appraiser with a nationally recognized firm. While there, he completed numerous complex appraisal and advisory assignments throughout Florida, Georgia, and Alabama. During his tenure, he directly performed valuation and underwriting services of well over $1 billion dollars of real estate across all property types.
Mr. Ciserano is a Florida native who received his Bachelor’s degree in Finance with a concentration in Real Estate from the University of Central Florida (UCF). He is also a Florida State-Certified General Real Estate Appraiser and a Licensed Florida Real Estate Salesperson.
Robbie Browning | Vice President of Development
Mr. Browning joined Inlet Property Company in 2022 and is responsible for sourcing and developing new multifamily projects throughout Florida. Robbie has been actively involved in real estate since the 1980’s when he began his career in Tallahassee as a commercial real estate broker and apartment developer.
Robbie was one of the first apartment developer’s to successfully finance a ground up project using tax exempt bonds through a 501c3. He was also one of the first in the State to develop a four-bedroom, four-bathroom student housing unit concept. In addition, Robbie has completed numerous land entitlement assignments along with several commercial and storage developments.
Mr. Browning is a Florida native and received his bachelor’s degree from the University of Florida.
Turner Swann, CCIM | Development Manager
Mr. Swann joined Inlet Property Company (IPC) in 2019 to assist in the development of institutional multifamily assets, providing operational support, project coordination, and financial analysis for investors.
Prior to IPC, Mr. Swann worked as a Broker-Associate at Swann Real Estate in Florida and as a real estate consultant with Lakemont Group in New York. During his time with Lakemont Group, Mr. Swann worked in econometric analysis, real estate and economic development, and litigation advisory.
Mr. Swann is a Florida native and received his undergraduate degree in Humanities from Stetson University and his Master’s degree in Real Estate from the University of Central Florida (UCF). He is also a Licensed Florida Real Estate Broker and a Certified Commercial Investment Member (CCIM).
Projects
By The Numbers
Units Under Construction: 564
Units In Pipeline: 1,800+
Projects: 10
Madison Shores - Pensacola, FL
Ground-Up, 272 Unit Suburban Apartment Project
Pensacola-Ferry Pass-Brent MSA
Under Construction
Madison Shores is a 272-unit luxury, garden-style multi-family development is located in Pensacola, FL, a rapidly growing MSA and the county seat of Escambia County in Northwest Florida. Madison Shores is located along Pine Forest Road, an arterial roadway linking Nine Mile Road and Interstate 10 to the north with Mobile Highway to the south. The submarket boasts strong demographics, exceptional in-migration patterns, and convenient access to downtown Pensacola and several other nearby demand generators.
Madison Grove - Rockledge, FL
Palm Bay−Melbourne−Titusville MSA
Ground-Up, 292 Unit Suburban Apartment Project
Under Construction
Madison Grove is a 292-unit luxury, garden-style multi-family community in Rockledge, FL. Formerly the Rockledge Mall, this 157,784 square foot center was once an iconic landmark within the City of Rockledge and is one of the first properties you see when entering the city from the north. The property is centrally located within Florida’s Space Coast, one of the most active and desirable real estate investment markets in the state. It is minutes from major employers such as L3 Harris, Northrop Grumman, Lockheed Martin, SpaceX, Blue Origin, and United Space Alliance. There are two Publix-anchored shopping centers less than 5 minutes away. Viera, the primary major retail destination in the overall market place, is less than 15 minutes away, and historic Cocoa Village, one of the most popular destinations in all of the Space Coast for business, dining and public events, is just 1 mile away.
Madison Bradenton - Bradenton, FL
North Port-Sarasota-Bradenton MSA
Ground-Up, 242 Unit Suburban Apartment Project
Madison Bradenton is a luxury, garden-style 242 unit multi-family community is located at the infill DeSoto Mall in Bradenton, FL. One of the fastest growing cities in the U.S., Bradenton’s 37.5% year-over-year rent growth ranks #2 nationally. The submarket boasts strong demographics, exceptional in-migration patterns, and convenient access to Tampa and St. Pete MSA employers, downtown Sarasota, and several nearby demand generators. Madison Bradenton is conveniently located just 15 minutes from I-75.
Madison Charlottesville – Charlottesville, VA
Charlottesville MSA
Ground-Up, 86 Unit Suburban Apartment Project
Madison Charlottesville is a to be developed, luxury multifamily community, located in Albermarle County. The submarket boasts strong demographics, and convenient access to central Virginia employers, the Charlottesville-Albermarle airport (CHO), downtown Charlottesville, the University of Virginia, and several other nearby demand generators.
Madison Coastal – Port Royal, SC
Hilton Head Island-Bluffton-Beaufort MSA
Ground-Up, 216 Unit Suburban Apartment Project
Madison Coastal is a three-story, 216 unit luxury multi-family development located in Beaufort County near Bluffton, SC, Hilton Head Island, SC, and Savannah, GA. Just 30-minutes from I-95, this garden-style community sits at the intersection of Ribaut Road and Richmond Avenue. Madison Coastal boasts a prime location adjacent to the Old Village historic district in the heart of Port Royal and just one mile from the Sands public beach. The charming Old Village hosts regular street music events and festivals throughout the year.
Madison Palm Coast – Palm Coast, FL
Deltona–Daytona Beach–Ormond Beach MSA
Ground-Up, 246 Unit Suburban Apartment Project
Madison Palm Coast is to be developed, luxury garden-style multifamily community, located in Palm Coast, Florida. The project will feature 246 units incorporated in 6 4-story elevator-serviced buildings. Located in northeastern Flagler county, Madison Palm Coast is positioned near major transportation corridors including Interstate 95 and US Route 1. There are over 4,500 businesses within a 5-mile radius of the property providing ample employment for prospective tenants. Flagler County consists of 19 miles of pristine beaches. There are more than 40 parks and preserves as well as 90+ miles of trails for hiking, biking, and paddling. The submarket boasts strong demographics, exceptional in-migration patterns (more accelerated as a result of COVID), and proximity to major cities, Jacksonville and Orlando. Flagler County has grown by 23% since 2010.
Madison Midtown - Melbourne, FL
Palm Bay−Melbourne−Titusville MSA
Ground-Up, 240 Unit Suburban Apartment Project
Madison Midtown is a luxury, garden-style 240 unit multi-family community located in Melbourne, FL, one of the fastest growing areas in Brevard County. The submarket boasts strong demographics, exceptional in-migration patterns, and convenient access to Space Coast employers, downtown Melbourne, and other nearby demand generators. It is minutes from major employers such as L3 Harris, Northrop Grumman, Lockheed Martin, SpaceX, Blue Origin, and United Space Alliance. This project is also located in an opportunity zone.
Madison Space Coast – Melbourne, FL
Palm Bay−Melbourne−Titusville MSA
Ground-Up, 240 Unit Suburban Apartment Project
Madison Space Coast is to be developed, luxury garden style multifamily community, located in Melbourne, Florida, in one of the fastest growing areas in Brevard County. The project will feature 240 units incorporated into 5 4-story buildings. The submarket boast strong demographics, exceptional in-migration patterns (more accelerated as a result of COVID), and convenient access to Space Coast employers, downtown Melbourne, and several other nearby demand generators. The Space Coast holds true to its name with employers including SpaceX, Blue Origin, Boeing, Lockheed Martin, L3Harris, and Embraer. Over the past decade the $350 billion private space industry has made this MSA homebase spurring USA Today to name it the “Next Silicon Valley.” The employees of these organizations are highly educated and fairly compensated which has created significant upward pressure on rental rates.
Madison Sun City – Bluffton, SC
Hilton Head Island-Bluffton-Beaufort MSA
Ground-Up Suburban Apartment Project
Madison Sun City is a three-story, garden-style, multi-family development is located in the Bluffton township between Savannah, GA and Hilton Head Island, SC. The luxury community sits at the intersection of May River Road and New Riverside Rd, less than 20 minutes from I-95. Madison Sun City is conveniently located across the street from a newly opened Publix and just down the road from downtown Bluffton and the 5-star resort, Palmetto Bluff. It is part of a larger master-planned development to include restaurants, retail, office space, a state-of-the-art county library, and a daycare. Access to Okatie Highway provides residents the flexibility to enjoy everything Bluffton, Savannah, and Hilton Head Island have to offer, while also providing proximity to employment at luxury resorts or the Port of Savannah. The Hilton Head/Bluffton market is noteworthy for its innumerable, high-quality golf courses, while downtown Bluffton provides residents a charming, old southern town with numerous top tier restaurants, bars, and shops to enjoy.