Jacksonville
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.
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.
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.
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.
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.
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.
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.
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.
Rich Properties Nabs FL Development
Colliers International Northeast Florida Director Bradley Coe, Managing Director Douglas Blair and Associate Director Morgan Williams brokered the sale.
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.