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Topaz Capital Group, LLC has acquired The Caroline Apartments, new 228-unit, Class A multifamily property for $68,115,000 in Lakeland, FL, for $68.1. million. The property’s developer The Latigo Group, was the seller.
Multifamily real estate investment and advisory company Topaz Capital Group has acquired The Caroline, a newly constructed high-end apartment community in Lakeland, Fla.
Lynd Acquisitions Group (LAG), a division of The Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for $35.15 million.
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
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.
