As capital tightens and hold periods compress, the next cycle won’t be defined by who finds deals, but by who can structure them.
Topaz Ventures, the proptech-focused venture investment platform affiliated with Topaz Capital Group and administered through AngelList, today announced the successful exit of its investment in Visitt, the AI-driven commercial real estate property operations platform.
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%.
