A New Era of Operational Excellence for Multifamily
In other words, the multifamily sector is entering into an era of operational excellence when faced with the most amount of “wild card variable expenses” since the last recession.
Topaz Capital Group LLC Expands into Lakeland MSA with the purchase of Autumnwood Apartments
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
Closed: Topaz Capital continues to acquire multifamily property in Jacksonville amid Covid-19
Topaz Capital Group acquired 216-unit Planters Walk Apartments and will be rebranded as Topaz Gardens JAX.
Topaz Capital Closed on a Historically Low Refinance Rate of their Jacksonville Property dubbed Topaz Villas 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%.
Mezza, Mission Springs and Steele Creek communities have new owners
Mission Springs Apartments near Ortega sold June 13 for $35.15 million.