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Florida & Gulf Coast  + Florida  + Apartments  | 

Passco Acquires 380-Unit Jacksonville MF for $70M

Irvine, CA-based Passco Companies acquired The Point at Tamaya, a 2017-built, Class A+, 380-unit multifamily community in Jacksonville, FL, for $70 million from Waypoint Residential and Rohdie Management. The acquisition, Passco’s first in Jacksonville, brings the firm’s multifamily portfolio in the state of Florida to 10 properties totaling more than 3,000 units.

Passco’s Colin Gillis says, “The Point at Tamaya is an exceptional asset, one of only a few of its caliber in the entire Jacksonville market, which also benefits from a prime location offering convenient access to the area’s amenities and employment.”

The garden-style community at 3050 Tamaya Blvd. consists of 13 residential buildings, two of which are four-story, elevator-serviced. Features and amenities include two resort-style pools, a dog park, yoga pavilion, internet café, state-of-the-art fitness facility, and business center with attached conference room situated within an expansive resident clubhouse.

Walker & Dunlop’s Brian Moulder, along with Dhaval Patel, represented both the buyer and seller.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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