Cuentas Announces Acquisition Of 28.5 Acre Property In Ocala

Cuentas, Inc. is adding to its Cuentas Casa Portfolio with the acquisition of 28.5 acres of mixed-use land contemplated for development of 648 multi-family apartments and 180 townhomes.  At the same time, management released renderings of its Arden by Cuentas Casa, near Tampa, a full community already in development, illustrating the beauty and power of its concept of “Affordable Communities.”

Management expects to make more announcements of property acquisitions in the coming months.

The new property is located near Ocala and is designed to bring the Cuentas Casa concept of sustainability, accessibility, and affordability to an increasingly expanding market.

Cuentas Casa is the third pillar of the Company’s efforts to create a financial and lifestyle ecosystem for those who deserve but have not had access to financial tools and solutions that can enhance their wellbeing and lifestyle. This announcement comes on the heels of the Company’s recent, “Arden by Cuentas Casa” development, a 360-unit complex combining innovative, sustainable building technologies with modern, technology-driven resident benefits, creating new more affordable living opportunities for the underserved.

“In order to support the people who need it most, we believe that it is critical to combine financial and lifestyle support with next-generation communication technologies”‘ said Arik Maimon, CEO of Cuentas, “We had set the bar high with our first Casa initiative, but with this latest announcement we are completely resetting that bar.”

In conjunction with this announcement, management also released renderings of its Arden by Cuentas Casa Project near Tampa.

“The greater Tampa – Orlando area is really a prime vacation destination for families and the growing legion of workers who are the staple of the tourism industry need the opportunity to provide for their families in a quality environment”‘ said Cuentas President Michael De Prado. “We wanted our design to reward our residents with the feeling of being in a resort environment while maintaining our philosophy of sustainability, accessibility and affordability.”

Given the renderings released, it looks like Cuentas hit the mark.

Arden by Cuentas Casa includes not only the residences themselves, but a beautifully landscaped park, a man-made lake, and a clubhouse.

Cuentas’ beyond-the-bank approach began with financial tools and management, expanding into telecommunications with Cuentas Mobile and exploding onto the real estate market with Cuentas Casa. The Company continues to expand its sustainable development footprint with its 10-year exclusive partnership with Renco, applying Renco’s proprietary sustainable building solutions on this latest development.

“Home is the heart of any family, and every family deserves the right to be able to live in a productive, supportive environment,” continued Maimon. “Cuentas Casa is part of our dream to make a positive impact on all families who deserve access but have been left out of the system.”