Jacksonville

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.

Carroll Organization Acquires 11th Florida Multifamily Property

Carroll Organization continues to expand its southern portfolio. The group recently completed its eleventh acquisition in Florida with the purchase of the 204-unit Island Club at Atlantic Beach.

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.

TODAY’S DEALS: Capital One Provides Bridge Loan for Rental Conversion

HFF arranges financing for a N.J. community; KB Homes buys a condo development site in San Francisco; and NorthMarq Capital arranges a $32.4 million Freddie Mac loan for a Class A property.