Multifamily news in Deals - Jacksonville
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Blackstone Buys Upscale Jacksonville Community for $90M
The asset previously traded for nearly $55 million, when Canyon Capital Realty Advisors sold the 444-unit property in 2011.
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Jacksonville Community Changes Hands for $97M
Laramar Group acquired the 108-building property in the fast-growing city from CARROLL Organization.
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Hampshire Properties Buys Jacksonville Community for $64M
This deal marks one of the largest value-add transactions in 2020 for the Jacksonville MSA.
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Starwood REIT Buys $645M of Affordable Housing
The trust managed by Starwood REIT Advisors has acquired two portfolios totaling 4,618 units in the Mid-Atlantic and Sunbelt regions.
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Jacksonville Community Trades in Value-Add Play
Creative Realty Partners sold the 216-unit suburban property after three years of ownership.
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Lynd Tapped to Manage Nearly 1,200 Units
The company is looking to bring occupancy rates up at three Houston properties and a Jacksonville, Fla., asset.
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Inland Real Estate Buys Upscale Jacksonville Community
KeyBank provided a $43 million Fannie Mae note for the purchase of the 350-unit property.
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Greystone Arranges Construction Financing for Jacksonville-Area Project
The 188-unit community in Yulee, Fla., is being developed by Davis Heritage.
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Jacksonville, Orlando Communities Trade for $72M
JLL provided more than $52 million in Freddie Mac acquisition financing for the 544-unit portfolio.
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Toro Real Estate Sells Suburban Jacksonville Community
Arbor Realty Trust provided a $5 million loan for the 82-unit acquisition.
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EJF Capital, Chance Partners Acquire North Florida OZ Project
The partnership purchased the 284-unit multifamily development in Jacksonville from a Carlyle Group joint venture.
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American Landmark Buys Suburban Jacksonville Community
The new owner plans to rebrand the 348-unit property and undertake a series of renovations.
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Florida Multifamily Asset Changes Hands Amid Challenging Times
The coronavirus pandemic required Broadshore Capital Partners to display creativity in closing its $37.1 million acquisition of a Jacksonville rental property.
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Berkadia Closes Sale, Financing for Suburban Jacksonville Asset
Working on behalf of the seller, Cole Whitaker and Director Greg Rainey negotiated the $10.6 million deal.
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Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.