Tags » Multifamily

UNF Breaks Ground for 204 Bed Student Housing

The Newman Student Housing buildings for 204 beds at UNF had a groundbreaking this week.  Funding for the faith-based dorms is via the Diocese of St. 12 more words

Development

NEW E-BOOK: Searching for Sense of Community

You’ve got the fun-filled theme. Catering? Check!

Now all you need are the residents.

So where are they?

We know “Sense of Community” is a primary factor in a resident’s leasing and renewal decision, but no amount of wine tastings or pool parties seem to entice them out of their homes. 25 more words

Resident Retention

Lone Star Sells Matthews Crossing Apartments for $30k/u

The Dallas-based investment fund that also is majority owner of Winn-Dixie’s parent company, sold JAX’ largest apartment community, Matthews Crossing off Atlantic Blvd., with 1,103 units, to a New York buyer for $32.7M, or about $30k/u.  21 more words

Transactions

Boston Investor Purchases Deerwood Apartment Community at $158k/u

Beldore Realty Group out of Boston, paid $49.9M ($158k/u) for The Four at Deerwood, a 316-uni Southside area apartment community completed last year by Lennar Multifamily Investors.  9 more words

Transactions

JAX Beach Oceanfront Block Sells at $3.5M

A NJ-based buyer has purchased one of the last two remaining oceanfront blocks in JAX Beach and plans to hold it for future development, possibly for high end condos or a hotel or even some retail.  9 more words

Transactions

Harbor Group Buys Another JAX Apartment Community

Harbor Group International, a VA-based real estate investor, that paid $84M for two Southside multi-family communities in May, just paid $36.3M ($84k/u) for the 432-unit Waterford at Mandarin on San Jose Blvd. 30 more words

Transactions

Ortega Pines Apartments Sells To Indiana Based Investor at $34k/u

A group from Indiana has purchased a value-add apartment community, Ortega Pines, for about $34k/u and plans to renovate over one-half of the units.  Colliers International’s Douglas Blair and Bradley Coe sold the deal.  10 more words

Transactions