Jaclyn Alvarado
The multifamily industry grew massively over the last decade–total transaction volumes were up 250% from 2012 to 2018, the biggest year on record. For many individual property types, 2020 or 2021 were their best years yet.
Coming out of an era of low interest rates and ample liquidity, many of the world’s richest families have made — or are in the planning stages of — major shifts in asset allocations.
LAKELAND, FL—New York City-based Topaz Capital Group LLC has acquired 96-unit property, Autumnwood Apartments, in the sought-after market of Lakeland, Florida. The deal was brokered successfully by Senior Director, Zachary Ames, and his team at Franklin Street. The debt was arranged by Managing Director, Josh Messier at LUMENT. Autumnwood is located at 1776 Harden Blvd … Read more
Topaz Capital Group acquired 216-unit Planters Walk Apartments and will be rebranded as Topaz Gardens JAX.
JACKSONVILLE, FL— New York City-based Topaz Capital Group LLC, and JV Partner, Lynd Companies are pleased to announce the refinancing of Topaz Villas JAX located at 5327 Timuquana Rd, Jacksonville, FL 32210 on Wednesday, September 15. Just 15 months after the purchase of the property for $35.15 million in June 2019, the partnership closed on a 12-year non-recourse fixed-rate deal from Fannie Mae serviced by Arbor at a historically low-interest rate of 2.79%.
Mission Springs Apartments near Ortega sold June 13 for $35.15 million.
