Terraces at Town Center

Terraces at Town Center Sell for $39M

CBRE arranged financing for the acquisition of Terraces at Town Center, a class A 240-unit luxury apartment community in Jacksonville.

Jacksonville University Student Housing Facility

CPA:17 – Global Acquires Jacksonville University Student Residence Hall for $18M

Student residence hall at Jacksonville University was acquired by W. P. Carey’s CPA:17 – Global for $18 million.

TODAY’S DEALS: Carroll Organization Completes 15th Florida Buy Since April 2013

Carroll Organization completes a 320-unit acquisition; BMC Capital provides $1.1 million to refinance a Houston community; and NorthMarq Capital arranges a $2.85 million refinance of apartments in Queens, N.Y.

Jacksonville Apartment Market Podcast

Pierce Eislen’s Ron Brock Sr. and MHN’s research editor Jack Kern discuss Jacksonville apartment market fundamentals in this edition of our market research podcast.