Multifamily news in Jacksonville
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Jacksonville Community Receives Freddie Mac Loan
The 15-year mortgage retires a prior $4.1 million Fannie Mae note that Berkadia had provided in 2012.
19 May 2020 11:51 -
Southeast Jacksonville Community Gets $75M Loan
The Freddie Mac financing will retire existing debt at Starwood Capital Group’s 820-unit Bentley Green.
14 May 2020 07:48 -
Summit Breaks Ground on 2 Florida Communities
The projects in Jacksonville and Tampa have the same expected completion of early 2022.
01 May 2020 12:42 -
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.
30 April 2020 05:57 -
Westside Capital Obtains $16M Refi for Jacksonville Asset
The owner will use the long-term loan to retire existing debt on the 176-unit Creekwood Apartments.
28 April 2020 13:10 -
American Landmark Buys Suburban Jacksonville Community
The new owner plans to rebrand the 348-unit property and undertake a series of renovations.
16 April 2020 11:51 -
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.
03 April 2020 14:19 -
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.
30 March 2020 06:06 -
Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.
21 January 2020 17:03 -
Creative Realty Sells Jacksonville Community for $20M
The buyer plans to invest $2 million into updates to the 281-unit property's common areas and amenities.
12 December 2019 15:55 -
Chance Partners Completes 228-Unit Jacksonville Community
RiverVue features a redeveloped multifamily tower and newly constructed townhomes, apartments and carriage homes.
03 December 2019 14:27 -
Savlan Capital Pays $28M for Jacksonville Community
The new owner plans to invest $4.3 million in interior and exterior renovations at the 332-unit property.
21 November 2019 18:49 -
Metro Jacksonville Community Changes Hands
Proxima Asset Management sold a 120-unit garden-style community in Orange Park, Fla. Cushman & Wakefield assisted the seller in the transaction.
08 November 2019 15:22 -
Jacksonville Community Changes Hands for $25M
Opal Holdings sold the 288-unit multifamily asset located 2 miles west of Regency Plaza Shopping Center.
11 October 2019 17:02 -
Arch Cos. Expands Jacksonville Footprint With $40M Purchase
The company closed its second major value-add acquisition in a week, growing its local portfolio with 692 units.
04 October 2019 20:45