Multifamily news in Jacksonville
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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 -
Value-Add Jacksonville Community Sells for $14M
Newmark Knight Frank assisted InvestRes in the disposition of the 176-unit asset located in the St. Nicholas neighborhood.
27 September 2019 12:02 -
Jacksonville Multifamily Report – Summer 2019
The metro's rental market is on a roll, sustained by steady employment gains and ongoing net in-migration.
25 September 2019 12:30 -
Affordable Jacksonville Community Sells for $19M
Alden Torch Financial sold the 224-unit asset in Southridge. Newmark Knight Frank provided acquisition financing for the buyer through Freddie Mac.
05 September 2019 12:32 -
FCP Adds to Florida Portfolio With $29M Buy
The real estate investment company bought the 396-unit community in Jacksonville in an off-market transaction.
04 September 2019 13:32 -
American Landmark Sells Jacksonville Apartments
The 300-unit Landings at Lake Gray was originally purchased by the firm for $31 million back in 2017. CBRE brokered the transaction.
14 August 2019 13:46 -
Jacksonville Community Changes Hands for $22M
KCB Management sold the 256-unit property for more than double the price it traded for in 2013. Berkadia originated more than $17 million in acquisition financing.
29 July 2019 14:32 -
Jacksonville Community Trades for $13M
Berkadia originated nearly $11 million in Freddie Mac acquisition financing for the buyer of the 162-unit partially affordable property in the southeastern part of the city.
08 July 2019 13:17 -
EJF Capital Bets on $86M Jacksonville Opportunity Zone Project
The alternative asset manager has joined forces with Chance Partners on the 486-unit community in the city's San Marco neighborhood, adding to a string of deals in tax-friendly areas.
02 July 2019 13:39 -
Jacksonville Value-Add Community Changes Hands for $35M
The new ownership will invest more than $5 million to upgrade and reposition the 444-unit multifamily property as Topaz Villas JAX.
24 June 2019 12:08 -
JV Acquires 440-Unit Jacksonville Multifamily Asset
Berkadia negotiated the deal on behalf of the buyer and secured acquisition financing. The 2008-built property will undergo a $4.9 million renovation.
20 June 2019 07:27 -
Jacksonville Property Commands Record Per-Unit Price
RST Development purchased the luxury community for $63.4 million, or $211,333 per unit, the highest price per unit ever paid for a Northeast Florida suburban asset. CBRE represented the seller.
14 June 2019 11:01 -
FL Student Housing Assets Secure $39M in Financing
Serving the University of Florida, the two student housing communities recently underwent major renovations to include new amenities. HFF worked on behalf of the borrower.
30 May 2019 15:58