Deals - Jacksonville
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Bridge Investment Group Buys Senior Housing Portfolio
Located in Alabama, Florida, Georgia and Tennessee, the eight communities encompass 887 units with a total occupancy rate of 92 percent.
05 March 2019 13:03 -
Jacksonville Value-Add Community Sells for $12M
The seller, Avesta Communities, acquired the Class C asset out of a foreclosure action in early 2012 for $3.4 million.
26 February 2019 09:53 -
Jacksonville Community Trades for $15M
The seller, DEL Development, purchased the asset in 2011. The new owner obtained more than $14 million in acquisition financing from The Bancorp Bank.
11 February 2019 13:29 -
Westside Capital Buys Jacksonville Property
The 176-unit multifamily asset changed hands for $13.2 million, which is more than 50 percent higher than the seller’s acquisition cost in 2014.
05 February 2019 12:23 -
North FL Community Changes Hands
The 96-unit multifamily asset, completed in 1963, traded for $6 million, more than doubling the seller’s return in two years.
18 January 2019 11:50 -
Newly Built Jacksonville Community Trades for $54M
Hunt Real Estate Capital provided the buyer, EBSCO Income Properties, with more than $36 million in Fannie Mae acquisition financing.
15 January 2019 14:44 -
Carter Multifamily Increases Jacksonville Footprint
The new owner paid more than $23 million for the 262-unit Class B community and plans to invest in capital improvements to reposition the property.
03 January 2019 09:48 -
National Property REIT Trades Jacksonville Community
Laguna Point Properties acquired the 204-unit Class B multifamily asset for nearly $25 million, financed with a $17.4 million acquisition loan.
21 December 2018 12:09 -
Praedium Group Expands Jacksonville Footprint
The firm has almost doubled its profile in the city with the nearly $47 million acquisition of the 246-unit luxury community.
11 December 2018 17:43 -
Fogelman Increases Jacksonville Footprint
Gamma Real Estate sold the 268-unit Class A community for more than $40 million, with Greystone providing acquisition financing to the buyer.
29 November 2018 11:57 -
Quad Property Group Sells Jacksonville Community
A joint venture between Hyperion Endeavors and Think Multifamily purchased the 113-unit property for more than $7 million, with Arbor Realty Trust providing acquisition financing.
26 November 2018 16:03 -
Jacksonville Community Changes Hands for $20M
The seller, Kite Realty, completed the 130-unit luxury property in 2017. The new owner took a $13.3 million acquisition loan from Thrivent Financial.
08 November 2018 18:20 -
North FL Affordable Housing Portfolio Changes Hands for $51M
The portfolio includes four communities totaling 768 units across three of Jacksonville’s submarkets. The new owner, Millenia Housing Management, plans to invest $40 million in capital improvements.
02 November 2018 13:11 -
PRG Trades Jacksonville Community
InvestRes picked up the 200-unit property for more than $21 million, financed by a $15.3 million Freddie Mac loan originated by Berkeley Point Capital.
26 October 2018 14:51 -
Jacksonville Community Changes Hands
Mody Real Estate Group traded the nearly 200-unit property for almost $11 million, providing a 3-year acquisition loan to the buyer.
18 September 2018 14:06