Multifamily news in Jacksonville

LIV Development Offloads FL Asset
The buyer, Myers Apartment Group, picked up the newly built 260-unit property for more than $50 million prior to the asset’s stabilization.
Luxury
Fogelman JV Expands Southeast Portfolio
In conjunction with Thackeray Partners, the firm purchased Legends at Charleston Park in Charleston, S.C., and Westridge in Jacksonville, Fla., for a total of $67 million.
Market Rate
Quad Property Group Expands FL Footprint
The company paid $10.8 million for a 152-unit value-add community in Jacksonville, financed by a nearly $8 million Fannie Mae loan.
Market Rate

  • Passco Pays $70M for Jacksonville Apartments

    Waypoint Residential and Rohdie Management developed the 13-building, 380-unit Point at Tamaya in Florida, which opened its doors in October 2017.

    10 July 2018 19:07

  • Employment, Affordability Drive Demand in Jacksonville

    A healthy economic climate and ongoing multifamily rent growth are drawing more investors to the metro, where the sales volume rose to nearly $1.4 billion in 2017.

    06 July 2018 13:49

  • On the Market: 5 Interesting Listings for the Week of 6/18

    This week's listings include an affordable community in Baton Rouge, La., and a Washington, D.C.-area property that recently received capital improvements.

    22 June 2018 14:18

  • 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.

    29 March 2018 16:25

  • 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.

    06 March 2018 15:38

  • Jacksonville Powers Through

    A relatively limited amount of new multifamily construction in Northeast Florida has kept the occupancy rate above its historical average, presenting opportunity for increased rent growth.

    25 January 2018 16:12

  • C&W Closes Sale of FL Senior Housing

    Chicago Pacific Founders acquired Camellia at Deerwood, a 189-unit independent living, assisted living and memory care facility in Jacksonville.

    23 January 2018 18:49

  • PAC Buys Apartment Community in Jacksonville

    The newly-acquired community is adjacent to another one owned by PAC, bringing the company's current area footprint to more than 500 units, while also creating operational efficiencies.

    12 January 2018 18:37

  • Rich Properties Nabs FL Development

    Colliers International Northeast Florida Director Bradley Coe, Managing Director Douglas Blair and Associate Director Morgan Williams brokered the sale.

    28 December 2017 17:14

  • FL Multifamily Property Lands $50M Loan

    Walker & Dunlop Inc. has structured a loan for Matthews Crossing, 1,103-unit, Class B multifamily community in Jacksonville, Fla., near The University of North Florida and Jacksonville University.

    12 December 2017 14:44

  • Jacksonville Set for Economic Expansion

    Multifamily remains a solid investment in the metro, where both employment and population are growing. In turn, these positive demographic changes are creating strong rental demand.

    09 October 2017 12:39

  • Investcorp Procures $350M Portfolio

    Consistent with the company's strategy of investing in the South and Southwest, the six properties are located in Phoenix, Orlando and Jacksonville, Fla., and offer a combined 2,800 units.

    28 September 2017 18:25

  • Alden Street Capital Buys FL Student Housing

    TSB Realty arranged the sale of the 770-bed student housing property marked the company’s third transaction to an affiliate of Alden Street. The community was built in 2009.

    06 September 2017 21:25

  • Praedium Group Snags $57M FL Asset

    The company acquired the 300-unit Views at Harbortown in Jacksonville, Fla., which features one-, two- and three-bedroom floorplans ranging from 713 to 1,570 square feet.

    09 August 2017 13:43

  • CBRE Brokers $28M Sale of Jacksonville Community

    Resource Real Estate acquired the asset which boasts numerous community amenities including a resort-style swimming pool and sundeck, a clubhouse and tennis court.

    03 August 2017 18:03