Multifamily news in Jacksonville
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American Landmark Buys 270-Unit Jacksonville Asset
The luxury community is less than 25 miles from the city’s downtown and within walking distance of a shopping center.
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Ashcroft Capital Expands Jacksonville Footprint
The company purchased Elliot Baymeadows in Jacksonville’s Royal Lakes neighborhood.
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Waypoint Sells Jacksonville Apartments for $66M
The buyer financed the 301-unit Class A acquisition with a $36.4 million loan from KeyBank.
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How Migration Trends Impacted Northeast Florida
RAS Property Group’s Michael Heller discusses what makes Jacksonville, Fla., an attractive multifamily market in the current economic conditions and beyond.
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PCCP Forms $1B SFR JV
The partnership has already closed on five single-family investments totaling more than $240 million.
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JV Plans Jacksonville SFR Townhome Community
PCCP has partnered with a Freehold Capital Management affiliate to develop the 180-unit project.
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Investcorp Picks Up $330M Multifamily Portfolio
The 1,854-unit portfolio is spread across five properties in Georgia, Maryland and Florida.
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Fairstead Buys Jacksonville Asset for $15M
The seller provided the new owner of the 149-unit community with $11.1 million in acquisition debt.
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Fort Family Investments Lands $271M Refi for Jacksonville Portfolio
NorthMarq arranged the non-recourse Freddie Mac loans for five properties totaling 1,604 units.
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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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Jacksonville Multifamily Report – Fall 2020
The metro's average rate was up nearly 1 percent in the third quarter, significantly outperforming the national trend.
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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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Affordable Jacksonville Community Lands $23M Refi
The city’s housing authority will use the funds to execute a $14.5 million renovation program.