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.
Category: Press Release
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%.