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.
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.
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.