Multifamily news in Market Rate Housing - Jacksonville
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Jacksonville Community Changes Hands for $97M
Laramar Group acquired the 108-building property in the fast-growing city from CARROLL Organization.
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Hampshire Properties Buys Jacksonville Community for $64M
This deal marks one of the largest value-add transactions in 2020 for the Jacksonville MSA.
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Jacksonville Community Trades in Value-Add Play
Creative Realty Partners sold the 216-unit suburban property after three years of ownership.
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Lynd Tapped to Manage Nearly 1,200 Units
The company is looking to bring occupancy rates up at three Houston properties and a Jacksonville, Fla., asset.
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Greystone Arranges Construction Financing for Jacksonville-Area Project
The 188-unit community in Yulee, Fla., is being developed by Davis Heritage.
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Clarion Partners Lands $45M Refi for Jacksonville Community
The 488-unit The Enclave is some 9 miles from the University of North Florida and 13 miles from the city's downtown.
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Aspen Square Gets $44M Jacksonville Refi
The firm added the loan for the 336-unit Banyan Bay to a recent Fannie Mae portfolio financing package.
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Suburban Jacksonville Community Gets $15M Refi
Walker & Dunlop provided the new mortgage for the 423-unit property, retiring two CMBS loans of more than $21 million.
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Toro Real Estate Sells Suburban Jacksonville Community
Arbor Realty Trust provided a $5 million loan for the 82-unit acquisition.
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Jacksonville Community Receives Freddie Mac Loan
The 15-year mortgage retires a prior $4.1 million Fannie Mae note that Berkadia had provided in 2012.
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Southeast Jacksonville Community Gets $75M Loan
The Freddie Mac financing will retire existing debt at Starwood Capital Group’s 820-unit Bentley Green.
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Summit Breaks Ground on 2 Florida Communities
The projects in Jacksonville and Tampa have the same expected completion of early 2022.
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EJF Capital, Chance Partners Acquire North Florida OZ Project
The partnership purchased the 284-unit multifamily development in Jacksonville from a Carlyle Group joint venture.
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Westside Capital Obtains $16M Refi for Jacksonville Asset
The owner will use the long-term loan to retire existing debt on the 176-unit Creekwood Apartments.
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American Landmark Buys Suburban Jacksonville Community
The new owner plans to rebrand the 348-unit property and undertake a series of renovations.