
NAI Hallmark Brokers Off-Market Portfolio of Jacksonville Multifamilies
NAI Hallmark has completed the off-market portfolio sale of two multifamilies in Jacksonville, FL.
The assets, Landings at Southpoint and The Landings at Parkview, were acquired by a Los Angeles, CA-based joint venture between Westmount Square Capital and Miramar Capital Advisors. The transaction marks the JV’s second acquisition in Jacksonville this year and fourth in the last 12 months for a total unit count of 780 units.
John Rutherford and Luke McCann of NAI Hallmark represented both the buyer and seller.
The Landings at Southpoint and the Landings at Parkview are comprised of 176 total units. The 1967-1972 constructed properties have a unit mix of one, two and three bedrooms plus a pool, laundry facility, playground, dog park, outdoor lounge space, and a community herb garden.
- ◦Sale/Acquisition