Jacksonville
BREIT Acquiring Preferred Apartment Communities REIT
Preferred Apartment Communities (PAC) said Wednesday it had entered into a definitive agreement with Blackstone Real Estate Income Trust, Inc.… Read more
New Castle Hotels & Resorts Acquires $41M Holiday Inn Resort Jekyll Island
New Castle Hotels & Resorts has acquired the Holiday Inn Resort Jekyll Island for $41 million subject to a land… Read more
NAI Hallmark Brokers $4M Sale of Jacksonville Apartment Portfolio
NAI Hallmark has completed the sale of the Justina Road Apartments portfolio for $4.3 million. The company’s Luke McCann brokered… Read more
Capital Square 1031 Acquires Jacksonville Mixed-Use Multifam for $126M
Capital Square 1031 has acquired a 10-story, mixed-use, Class A multifamily community on Riverside Avenue in Jacksonville, FL for $126.3… Read more
SouthEast Development Group Adds Multifamily to $165M Jacksonville Project
SouthEast Development Group is expanding its Laura Street Trio development plan to include 166 units of mixed-income multifamily housing. The… Read more
KB Home Jacksonville Closes $5M Buy of 42 Acres for New-Construction Site
Linda Daniels and Associates has brokered the purchase of 42.5 acres of property by KB Home Jacksonville division. The property,… Read more
Largest Fulton Market Project Yet is on the Drawing Boards
Fulton Street Cos. is getting ready to unveil plans for a $600-million mixed-use project in the Fulton Market District, the biggest… Read more
NAI Hallmark Brokers $4M Multifam Sale in Fast-Gentrifying Downtown Jacksonville
NAI Hallmark has facilitated the sale of Cambridge Park Apartments, located in a suburban community of downtown Jacksonville, FL, for… Read more
Venterra Looks at Population Growth in Purchase of Jacksonville Multifam
Venterra Realty has purchased The Villages at Oakleaf, a 512-unit, multifamily in Jacksonville, FL for an undisclosed price. The property… Read more
Tricon Expands Active Build-to-Rent Pipeline with 3,000 Units
Tricon Residential Inc. recently provided an update on its active build-to-rent community pipeline, which has now expanded to more than… Read more
CBRE Makes the Grade as DCPS Representative in HQ Relo, Sale
Duval County Public Schools has selected CBRE as the exclusive agent for the relocation of the District’s administrative headquarters and… Read more
Jacksonville Three-Property, 842-Unit Multifamily Portfolio Sells for $96M
New York-based Cyclone Investment Group, in a joint venture with Skywood Properties, has purchased a three-property multifamily portfolio totaling 842… Read more
SFR Demand and CMBS Issuance Rise in Tandem
History is repeating itself, with a twist, when it comes to the single-family rental (SFR) sector and its subset, build-for-rent (BFR). The twist here is that… Read more
RESICAP, Rockpoint Venture Aims to Acquire Additional $2.5B of SFRs
Atlanta, GA-based single-family rental services firm RESICAP and real estate private equity firm Rockpoint Group have committed to a series… Read more
$67M Multifam Sale in Jacksonville Equals 165% Return for Seller Bluerock
Bluerock Value Exchange has sold Beach House, a 228-unit garden-style apartment community located in Jacksonville Beach, FL, for $67.3 million… Read more
Morgan Properties Pays $781M for Two Portfolios with Four FL Multifams amid 18 Communities
Morgan Properties has paid $780.5 million for two portfolios encompassing 18 apartment communities and 4,724 units in four Sunbelt states,… Read more
Morgan Properties Pays $781M for Two Portfolios with 14 SE Multifams amid 18 Communities
Morgan Properties has paid $780.5 million for two portfolios encompassing 18 apartment communities and 4,724 units in four Sunbelt states,… Read more
Coke Florida Purchases 400K-SF Warehouse in Winter Haven
Coca-Cola Beverages Florida, LLC, has expanded its Polk County, FL, footprint with the purchase of a 407,000-square-foot warehouse in Winter… Read more
Preferred Apartment Communities Finalizes $17M Loan Investment for Jacksonville Multifamily
Preferred Apartment Communities, Inc., has finalized a real estate loan investment of up to approximately $16.6 million in connection with… Read more