Jacksonville
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.
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.
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.
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.
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.
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.
Jacksonville Community Trades for $56M
Harbor Group International sold the 440-unit multifamily property. Walker & Dunlop originated a $41.4 million Freddie Mac loan for the new owner.
Toro Real Estate Grows Jacksonville Presence
The Long Island-based company now has 756 units in the city, after adding three properties and 552 units in deals totaling $39 million.
North FL Community Trades for $36M
Kimball Key LLC has received $27.1 million in financing for the purchase of Mandarin Apartments, a 401-unit garden-style asset in Jacksonville.
North FL Value-Add Apartments Sell for $13M
NorthMarq Capital originated more than $8 million in acquisition financing through Freddie Mac for the purchase of the 100-unit Class B asset.