Multifamily news in Development - Jacksonville
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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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Summit Breaks Ground on 2 Florida Communities
The projects in Jacksonville and Tampa have the same expected completion of early 2022.
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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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Chance Partners Completes 228-Unit Jacksonville Community
RiverVue features a redeveloped multifamily tower and newly constructed townhomes, apartments and carriage homes.
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Top 10 Florida Multifamily Completions in 2018
Almost 33,000 units were added to Florida’s multifamily markets last year, 1,300 more than the year before, with major developments completed in each of the state’s key metro areas.
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Jacksonville Development Gets $39M Construction Financing
Crest Residential’s 256-unit project is estimated to break ground in the spring, financed by a five-year loan from Protective Life Insurance Co.
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Ability Housing Begins Work on 80-Unit Affordable FL Property
Dubbed Village at Hyde Park, the $18.7 million project in Jacksonville’s Westside submarket is slated for delivery late next year.
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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.
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Jacksonville Affordable Community Opens Doors
The Vestcor Cos.’ 96-unit senior living asset—the first in Clay County—welcomed its first residents, approximately one year after breaking ground.
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Jacksonville Development Lands $35M Financing
Waypoint Residential’s planned Volaris West Kernan community will add 301 market-rate apartments to the Southridge submarket’s inventory of approximately 4,100 units.
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PCCP, Bainbridge Cos. to Develop FL Community
The joint venture will build Bainbridge St. Johns Town Center, a Class A, 276-unit property in Jacksonville.
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Jacksonville-Area Communities to Receive $58M in Construction Financing
Walker & Dunlop facilitated loans for the 348-unit Beachwalk Apartments and the 285-unit Atlantica Isles, both located in St. John's upcoming Beachwalk master-planned community.
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Arbour Valley Debuts FL Veteran Housing
Doster Construction Co. served as the general contractor for Arbours at Tumblin Creek, a 64-unit senior housing community in Gainesville.
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JV to Open Jacksonville Apartments
TriBridge Residential, in partnership with Sefira Capital, is developing The Jaxon, a 287-unit community in Florida. Amenities will include a pool with cabanas and rain curtain, a party porch and a dog park.
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Rich Properties Nabs FL Development
Colliers International Northeast Florida Director Bradley Coe, Managing Director Douglas Blair and Associate Director Morgan Williams brokered the sale.